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...
The prevailing sentiment in the GBPAUD market currently favors sellers or bears. Recently, the bulls for GBPAUD have seen a decline in their value, primarily due to unfavorable data released by the UK’s Financial Department. The revelation of...
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,...
Technical analysis of NZDUSD Technical analysis, choose NZD/USD today. Currently, the market price is rising, but the trendline carrying it is being broken. After the trend line is broken, the market price will fall below it. On the trend line, the...
The EUR/USD chart provided is a 1-hour candlestick chart, displaying the price movement of the Euro against the U.S. Dollar from late March to early April. This chart includes technical annotations, support and resistance zones, and volume data,...