what is chart pattern? Chart patterns are specific formations that appear on a price chart that can help traders and investors predict future price movements. These patterns are created by the price movements of a financial asset over time and can...
Silver Price Action Outlines The analysis of silver price behaviour is a topic of discussion. Currently, the XAG/USD pair shows a decline on the H1 chart, with the price staying below the 132-day moving average. On the shorter chart, the price has...
EUR/USD ANALYSIS 11 JUNE 2024 Based on the H4 TF reference above, it can be seen that there is a decline that has been able to cross the moving limit of the 200 MA (blue) with the condition of a bearish Gap forming past the 200 MA limit. This...
Gold Price Action Forecast We are currently analyzing the price behavior of gold. Yesterday, gold prices remained within the previous daily range and did not drop below it or reach the nearest support level. Instead, we observed a corrective upward...
Good evening. Despite some fluctuations, the EUR/USD pair managed to recover and climb above 1.0684 after a brief dip. Interestingly, no new announcements were made during the latest meeting regarding the commencement of tapering the asset purchase...