The AUD/USD pair shows continued bullish momentum as long as the price remains firmly supported above the 0.6381 pivot level today. Traders expect a further rise toward resistance levels around 0.6428 and potentially even higher targets should...
On a daily basis, gold prices have been moving within a channel pattern, yet lately, the pattern has begun to show signs of weakness. For more than three months, the yellow metal has been drifting sideways, suggesting a period of consolidation. Most...
The pattern emerges during a clear downtrend. The first candle is a bearish one, and the second is bullish, opening lower than the previous day’s close, but closing more than halfway into the body of the previous day’s candle. Always wait for the...
The USD/CAD pair remains under pressure while trading below the key resistance level of 1.3907 in the current market conditions. Technical indicators confirm the bearish scenario, with the Relative Strength Index (RSI) positioned firmly below the...
The USD/JPY pair is currently trading with positive sentiment, as long as the key support level at 143.11 remains intact today. Technical indicators show a mixed outlook, with the RSI maintaining a position above the neutral 50 zone, signaling mild...
