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:...
The AUD/USD pair has experienced a sharp decline, sinking near 0.6280 during North American trading hours on Thursday. This drop is fueled by the US Dollar’s (USD) resurgence amid heightened global economic uncertainty, primarily stemming from...
I observe that the NZD/USD pair has shown notable upward momentum recently, aligning with key levels established since late January. I note that the price remains above the senior moving average, currently positioned at 0.5825, which reinforces my...
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...
Technical analysis. AUD/USD D-1 Hello, colleagues. Today there is a southward movement for the pair at the moment. On the daily chart, there has been a sideways movement for the pair lately. I wonder if the sideways movement will continue or if we...
