The cup and handle chart pattern is a popular technical analysis tool used by traders to identify potential buying opportunities. It resembles the shape of a tea cup, with a curved bottom followed by a smaller dip, which forms the "handle." This...
NATURAL GAS The major trend for natural gas is most likely already in a bullish condition. If we look at the EMA 50 crossing the SMA 200 upwards, it seems to be giving off a golden cross signal. Thus, the projection of the price movement direction...
The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
Current Scenario of XAU/USD Quotes: The price of Gold (XAU/USD) recently surged to new highs, reaching $2625.20 by the end of the week. This increase came despite mixed market signals and a bearish outlook from some indicators. One of the main...
Ethereum Price Tendency Ethereum, the second-largest cryptocurrency by market cap, has been drawing attention due to its potential to outperform Bitcoin. According to a recent report by Steno Research, Ethereum might be on the verge of doubling its...