The EURUSD currency pair has shown signs of recovery on the 4-hour timeframe after experiencing a downward correction to the level of 1.0535. However, the price is still trading within the range of the previous large price movement, indicating a...
The GBP/USD currency pair experienced a notable surge during the Asian trading session on Friday, reaching a two-week high of 1.2715. This upward movement represents a significant recovery of over 200 pips from the weekly low, driven by a decline in...
Reversal Technical Chart Patterns Reversal chart patterns are essential tools in technical analysis, indicating that a current trend is likely to reverse. They provide valuable signals for traders to enter or exit positions. Below are some of the...
USD/JPY H-1 I can’t help but go back to our “favorite” USD/JPY, and for good reason, of course. What I can say is that while this pair is not an instrument you want to trade daily, the direction in which it moves, or rather the direction the pair...
The Gold price initially declined sharply at the start of the week, but then began recovering gradually. Although it had risen above the psychological level of $2,700, the price was unable to sustain the upward momentum for long. The decline brought...
