EUR/AUD is currently trading around the 1.7605 level after forming a visible head-and-shoulders pattern on the 1-hour chart. I’ve marked this pattern using white arcs and a red arrow to highlight the expected bearish continuation. The price...
GBP-USD PAIR ANALYSIS The failure of buyers to maintain bullish pressure at the close of last week and the role of sellers in maintaining dominance in the critical resistance area of 1.3510–1.3508. Your identification of price behavior that was...
The Euro/US Dollar (EUR/USD) pair attracted some buying interest around the 1.1370 level in early European trading on Monday. The US dollar retreated against the Euro amid a renewed escalation of trade war tensions. US President Donald Trump stated...
Hello everyone Weekends are over and now it's working time and I hoped you guys enjoyed weekends. Yesterday Ukraine attack on Russian side which caused war tension in this region and due to this reason we are seeing high volatility movement in...
Technical Analysis of Gold Daily Chart Today marks the beginning of a new trading month. The price channels and monthly pivot indicator levels have been updated, and we have this chart. We have the ascending blue channel, which represents the...