The Euro (EUR) to British Pound (GBP) exchange rate has been on a rollercoaster ride lately. After dipping to a new low of 0.8398 on June 14th, the pair has shown signs of a downtrend in the mid-term. However, there might be a short-term pullback...
The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
Introduction: Forex trading, the largest financial market in the world, involves buying and selling currencies with the goal of making a profit. It's a dynamic and exciting field, but with high potential rewards come high risks. That's why effective...
Yesterday, the EUR/JPY currency pair demonstrated a significant movement following its interaction with a key support level. According to my technical analysis, this support level is precisely situated at 171.588. Initially, the price action saw the...
Let's analyze the level lines on the Crude Oil chart to determine possible price movement options. Currently, the market sentiment favors the bears, indicating a potential further decline in prices. However, for this decline to continue, the bears...