Morning Star Candlestick Chart Pattern The Morning Star is a bullish candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It typically forms at the bottom of a downtrend and consists of three candles: Structure of...
Market Fundamentals: Analysts at the Bank of Montreal (BMO) anticipate that the Bank of England (BoE) will maintain its interest rate at 5% in the upcoming meeting, citing multiple influencing factors. Given the current composition of the Monetary...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold has been on a strong uptrend, supported by a mix of factors, including persistent global uncertainties, inflationary pressures, and geopolitical risks. However, the strength of the U.S. Dollar and the...
Trading journal Tuesday, February 4, 2025 USDCAD Good afternoon forum friends, I would like to thank those who have provided comments and enlivened this simple daily trading journal. Today I will share an analysis to get the direction of entry...
As investors supported the US dollar against the Japanese yen in a risk-on market environment, the USD/JPY rapidly increased over 155.00. US President Trump postponed a 25% tariff order on Canada and Mexico for 30 days. Investors anticipate the US...
