Gold: What the Charts Reveal The discussion currently revolves around the analysis of the Gold price behavior. The entire week has concluded with gold remaining largely inactive, hovering above the support level 2489.00. A decisive break below this...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
Crude Oil Price Outlook The discussion is currently on the analysis of the Crude Oil price behaviour. Yesterday, the pair steadily declined, eventually reaching the lower boundary of this channel. Although it didn't quite touch the target level of...
USD/ JPY Price Understandings Our conversation will center on analyzing the USD/ JPY currency pair's price action. The USD/ JPY currency pair closed the trading week with an upward momentum, finishing near 146.23. The pair remains in a growth...
FOREX BEAR INDICATOR The Forex Bear Indicator: A Comprehensive Guide The Forex Bear Indicator is a technical analysis tool used to identify potential bearish trends in the foreign exchange market. It's a powerful indicator that helps traders detect...