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...
The EUR/USD pair shows positive momentum while trading above the pivot point at 1.1348 during today’s European market session. As long as EUR/USD maintains its position above 1.1348, the bullish outlook for the pair will likely remain intact....
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...
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 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...
