Technical analysis 13 March 2025 AUD/USD D-1 Today I decided to insert an ascending channel into this price house and see what can be squeezed out of it, since the market does not show anything more interesting. The ascending channel support was...
The Three Tops pattern is a bearish reversal chart formation used in technical analysis. It signals that an uptrend may be coming to an end and a downtrend could follow. Here’s a breakdown of its key components and how traders might interpret it:...
Scott Bessent, President Donald Trump's nominee for Treasury Secretary, recently highlighted the importance of maintaining the US Dollar as the world's reserve currency to ensure the nation’s economic stability and long-term prosperity. Bessent...
The image shows a gold (XAUUSD) price chart against the US dollar on a 1-hour timeframe using TradingView. The chart includes buy and sell signals, support and resistance zones, volume data, and price movements. Overview of the Chart The current...
Fractals, in the context of technical analysis, refer to a specific type of indicator introduced by Bill Williams. These fractals highlight potential reversal points in price movements. The concept is based on the idea that financial markets exhibit...
