The USD/CHF currency pair, having experienced a two-day recovery from its lowest valuation since September 2011, encountered renewed selling pressure during Thursday's Asian trading session. Despite this recent rebound, the immediate price action...
The euro experienced a slight dip against the US dollar in the early hours of Friday's Asian trading session, falling to approximately 1.1380. However, the potential for further significant downside in major currency pairs, including the EUR/USD,...
Gold Spot (XAU/USD) scalping strategy: Technical Levels and Market Context The XAU/USD pair is currently navigating critical technical levels, offering potential opportunities for short-term traders. Below is an analysis of the price structure and...
The British pound (GBP) experienced a notable recovery against the US dollar on Thursday, buoyed by increasing pessimism among market participants regarding the prospects for a de-escalation in the ongoing trade war between the United States and...
The Shooting Star pattern is a significant candlestick pattern in technical analysis, especially in the context of forex trading. This pattern is considered a bearish reversal pattern and is valuable for traders seeking insights into potential...