A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
EUR/USD The gap down moved a couple significantly lower. Bulls traders made considerable efforts to close this gap and return to the extent affected by a short -term short -term trend to 1.0386 and daily crossing of Ichimok in the range of 1.0356 to...
USD/CAD Greetings and Good Morning to everyone! Today, the ADP Non-Farm Employment rate will change the entire market sentiment later. So, the USD/CAD market can cross the 1.4566 level today or tomorrow. Also, volatility Management: Economic...
Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.7841, the...