The GBP/CAD pair is currently trading within a clearly defined downtrend on the 4-hour timeframe, reflecting strong selling pressure that has dominated the market in recent sessions. The continuation of this bearish movement highlights that sellers...
Technical Analysis of USD/CHF (30-Minute Chart) Price Action: The USDCHF pair is currently trading at 0.8281, showing slight bullish momentum as it closes above the opening price of 0.8278. The price range for this period is narrow (0.8277–0.8282),...
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...
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 gold market (XAU/USD) recently experienced a noticeable decline from the peak close to 3500. After falling quickly, the price received some support around the level 3300–3310. At the moment it is around 3346 and shows a slight improvement, but...
