XAUUSD (Gold) Technical Analysis H1 Timeframe: XAUUSD (Gold) is trading at 3003, positioned between critical support and resistance zones. The price is slightly above the support level at 2995 and well below the resistance at 3018, indicating that...
EURGBP Daily Forecast The EUR/GBP pair continued its impressive rally on Monday, reaching a seven-month high of 0.8549. This vertical increase indicates a significant change in investor sentiment, as the pound’s risk sensitivity has prompted market...
Technical analysis of EURUSD The EUR/USD pair is currently trading at 1.0943, following a two-day market closure due to holidays. As trading resumes, the pair is exhibiting a cautiously neutral tone, with key technical levels coming into focus. The...
Before delving into the specifics of the Evening Star pattern, it's important to grasp the fundamentals of candlestick analysis. Candlestick charts provide visual representations of price movements over a specified period, typically displaying open,...
The Japanese Yen (JPY) showed a significant recovery during the European trading session on Monday, effectively reversing its earlier losses against the US dollar. This rebound pushed the currency back towards the upper end of its daily trading...