Technical analysis of Silver I was doing a technical analysis of silver today, and the silver market price positions are falling, which is helping the price lower. The market price rebounded after rejecting the main support at 30.669 and closed...
The Bullish Meeting Line candlestick pattern is a reversal pattern that appears in downtrends, signaling a potential change in market sentiment from bearish to bullish. What is the Bullish Meeting Line Pattern? Structure: It consists of two...
USD / CAD: An hourly Time frame Road Map My recommendation for the USDCAD investors is that they should go downward. The price hit above the level of 1.4300 yesterday. It might pull back and hit the 1.4265 assist. Today, based on the current market...
The chart reflects a mix of bullish and bearish phases, with the price currently recovering after a sharp decline. Initial Price Drop: Starting around 13th December, the price was trading above $71. However, a bearish move pushed the price below the...
General Points about USDCAD: We can observe that sellers in the USDCAD market are becoming weaker, as indicated by the recent price movements and market sentiment. The main reason for this shift is the negative Canadian news events, particularly...