EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
Hello, EUR/USD trades marginally higher on the day above 1.0900. ZEW Survey - Economic Sentiment improved more than expected in October, according to data from Germany and the Eurozone, while US data showed a sharp drop in the NY Empire State...
What Is a Kicker Pattern? Bullish Kicker Pattern A Bullish Kicker candlestick pattern forms within a downtrend when bullish momentum begins overtaking selling pressure. A sharp change in psychology occurs after a long red candle extends the...
•••XAU/USD: Gold’s Shimmering Dance with the U.S. Dollar••• Ever wonder why gold, a precious metal that gleams in the vaults of central banks and jewelry stores alike, has such a strong bond with the U.S. dollar? That’s what we call XAU/USD in the...
USDX INDEX PAIR ANALYSIS For the USDX index this week the price is back to closing with a bullish candle, but if we look closely at the chart on the H1 time frame, the USDX index is still consolidating and the closest support is currently at the...