USD/ZAR USDZAR has been giving a much more interesting picture after spending most of August under heavy selling pressure, and the latest price action around 16.3831 suggests that buyers have finally managed to recover a meaningful part of that...
Spot gold (XAU/USD) rose in early Asian trading, reaching around $4,180 after hitting a multi-week low near $4,100. Despite this rise, the overall upside potential for precious metals remains very limited, as rising energy prices fuel inflationary...
Three Valleys A River Pattern Pattern Structure The chart illustrates a bullish continuation/reversal setup known as the “Three Valleys a River” pattern. The structure develops during an overall rising market and is built around three important...
Understanding Higher Highs and Higher Lows in Trading 1. What Is a Higher High? A Higher High (HH) occurs when price moves upward and breaks above a previous swing high. It shows that buyers are willing to push the market to a new level. In the...
Candlestick Patterns Every Trader Should Know Introduction Candlestick patterns are an important part of technical analysis because they help traders understand price behavior, market sentiment, and possible changes in direction. The chart shows a...