Technical analysis in forex trading is a method used by traders to evaluate currency price movements based on historical data, primarily through charts and technical indicators. It operates on the assumption that all relevant information is already...
On the M15 timeline, XU/USD is presently trading close to 4,600 degrees, in which rate action is compressing inside a decent consolidation band after the latest impulsive bullish rally. Instead of persevering with its upward enlargement, gold has...
Gold Market Analysis Gold is currently showing mixed movement on the 1-hour chart, with both buyers and sellers trying to take control. After a strong bullish move earlier, price reached a high near the 4790–4800 zone. However, this level acted as...
The shooting star candlestick pattern is one of the most widely recognized bearish reversal signals in forex trading. It appears at the top of an uptrend and indicates that buying pressure is weakening while sellers are beginning to take control....
EUR/GBP is currently trading at 0.8721, and the pair is showing signs of a short-term downtrend. Recent market activity suggests that selling pressure is still present, although the price may experience temporary upward corrections. In financial...
