Currency markets continue to consolidate after recent volatility, but no one wants to unload their long dollar positions. Likewise, the threat of an escalation in Ukraine and tomorrow's soft European PMI numbers keep the Euro (EUR/USD) subdued. We...
AUD-USD H4 TIME FRAME If we look at the condition of the AUDUSD currency pair in the last two weeks which has been more dominantly moving in its bearish path, then it is likely to try to move down again targeting the decline target in the range of...
Gold is advancing towards key resistance levels Gold jumped to a session high of $2,655 on Wednesday and continued to rally against the trend. The day marked a higher high and a higher low, with prices closing in the upper third of the trading...
The EUR/USD currency pair is currently in a downward trend, reaching a new 54-week low and falling below the 1.0500 level. This decline is primarily driven by the strength of the US Dollar and the weak economic outlook for the Eurozone. The US...
Trading using red candlestick patterns involves identifying bearish signals that could indicate a price drop or continuation of a downtrend. A red candlestick typically represents a closing price lower than the opening price, showing selling...
