Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...
The AUDUSD market pair traded last Friday is still in a bearish state after the seller was able to maintain its bearish dominance by keeping the price moving down away from the seller's resistance area at 0.6236-0.6235 with the buyer's failure to...
Morning Market Analysis: EUR/USD Dynamics Good morning, traders. As we begin our day, it appears that former President Trump has already declared victory in the ongoing political landscape, leading to a calm atmosphere throughout the day. However,...
EUR/USD Market Overview As we head into the new trading week, the EUR/USD currency pair has been showing signs of consolidation below the critical level of 1.0417. This significant sell entry point was established yesterday, and sellers have...
I have noticed a sudden shift in the situation with the Pound, and the Dollar is starting to gain strength in the market. This change could have a major effect on GBP/USD, likely replacing previous growth expectations with a drop towards the current...
