The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
XAU-USD PAIR FORECAST This afternoon, there was no spike in price movements in the GOLD pair. However, tonight, it seems that conditions have changed somewhat because the price seems to have moved bearishly deeper because it has managed to form a...
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
Gold price forecast today: will it return to the $2,300/oz support level? The weakness of strong factors and the continued rise of the US dollar led to a sell-off in gold prices, the impact of which pushed gold prices to the support level of...
USD/CAD analysis: At the H1 timeframe analysis, the USD/CAD pair is currently encountering resistance from sellers who are trying to reverse the ongoing uptrend. The pair recently dropped from a high around 1.3790. Now, the price is trading between...