Gold prices (XAU/USD) rallied sharply on Friday, capitalizing on renewed demand for security products amid growing concerns about the sustainability of US debt and global geopolitical instability. After a sharp decline in mid-May, the yellow metal...
The H1 chart for crude oil (#CL) reveals a period of high volatility and shifting momentum over the past month. Starting from mid-April, the price showed bullish momentum, rising steadily and forming a peak slightly above 64.50 around April 23. This...
The current technical setup of USD/JPY suggests a cautiously bullish bias in the near term. I observe that the pair has broken below the 144.00 support level, trading around 142.55 as of May 25, 2025, but the presence of a “golden cross”...
In forex trading, understanding the different types of orders is crucial for effectively managing trades and risk. The most basic type is the market order, which executes a trade immediately at the current market price. This is commonly used when a...
That’s some pro-level analysis right there! The 123 Driver Pattern is one of the most powerful chart patterns in technical analysis, and it often shows up when the market is gearing up for a strong move! Let’s break it down step by step to...