Today, an interesting gap formed on the USDCAD pair as the price sharply jumped to the resistance level of 1.4360, which marks the upper boundary of the current side channel. Despite this movement, the overall market structure remains unchanged....
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key technical analysis pattern used in stock, forex, and cryptocurrency trading. It signals a potential reversal from a downtrend to an uptrend and is classified as a bullish...
WTI crude oil prices have continued their decline for a second consecutive day, reaching approximately $71.50 per barrel during Tuesday's European trading session. This downward trend can be attributed to several factors, primarily stemming from...
EUR-USD PAIR REVIEW The movement of the EUR USD pair still tends to decline. The movement of this pair still tends to decline again if the price cannot reach the pivot point (1.0346). Still far from the daily Pivot point and even if it goes up I...
XAU/USD Market Analysis Gold (XAU/USD) opened today at $2866, following a relatively tight range on Friday between $2860 and $2869. The market showed bullish momentum as it broke above Friday’s high, reaching $2881. Currently, the all-time high...
