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...
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...
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...
EUR/USD Forex Signalouble Top Forms Ahead of Fed Decision Bearish view Sell the EUR/USD pair and set a take-profit at 1.1075. Add a stop-loss at 1.1200. Timeline: 1-2 days. Bullish view Set a buy-stop at 1.1145 and a take-profit at 1.1205. Add a...
EUR-USD PAIR ANALYSIS This week the EURUSD pair closed positively after going through a fairly dramatic up and down phase, especially ahead of the FOMC meeting early Thursday morning. Interestingly, the price position on a weekly and daily basis is...