A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
Silver Price Forecast: XAG/USD Silver prices surged to a three-month high of $32.38 on Wednesday. Safe-haven metals gain ground amid risk-off mood following global trade and economic uncertainties. Traders await Friday’s US Nonfarm Payrolls, which...
EUR/USD The gap down moved a couple significantly lower. Bulls traders made considerable efforts to close this gap and return to the extent affected by a short -term short -term trend to 1.0386 and daily crossing of Ichimok in the range of 1.0356 to...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market is falling, causing the price to drop near the 152.96 support. The market price has broken the support level several times and has yet to break the resistance at...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...
