TRADING UPDATES GBPUSD In last night's trading session, buyers were unsuccessful in bringing the price to move higher so there was momentum that sellers were able to use to push the price down. Based on the results of the chart analysis, the...
The Silver's price behavior analysis is currently open to discussion. Although Silver is formally declining within the descending channel, it is a minor correction within a more significant upward trend. The influential daily bearish candlesticks...
The GBP/USD currency pair has begun forming a bottom with the lower red channel line, targeting the weekly resistance level of 1.2686. If the price successfully breaks the resistance at 1.2670 and the D1 candle closes above it, this could be a buy...
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
Mastering the Inside Bar Candle: A Guide to Effective Trading Trading in financial markets requires a combination of strategy, analysis, and a keen eye for patterns. Among the plethora of chart patterns, the inside bar candle stands out for its...