Gold prices eased slightly from the record high near $3,500 touched during the Asian session on Tuesday, as bulls appeared to take a breather amid significantly overbought conditions on short-term technical charts. The 14-day Relative Strength Index...
The Bearish Belt Hold is a single candlestick pattern that signals a potential reversal or continuation of a downward trend. It is often observed in technical analysis of stock or forex charts. Below is a detailed breakdown of the pattern and its...
The NZD/USD pair trades softer around the 0.5995 level during Tuesday’s Asian session, pressured by growing geopolitical and economic risks. A confluence of macroeconomic and technical factors is driving market sentiment, suggesting that volatility...
The AUD/USD currency pair is trading steadily around the 0.6420 mark on Tuesday, as technical indicators on the daily timeframe continue to support a bullish outlook. Price action remains comfortably above the nine-day Exponential Moving Average...
The GBP/USD pair trades with a bullish tone near 1.3370 during the early Asian session on Tuesday, extending its upward trajectory following a holiday-thinned start to the week. The pair continues to benefit from a weaker US Dollar, driven by...
