Butterfly Chart Pattern The Butterfly Chart Pattern is a popular harmonic trading pattern used in technical analysis to predict potential price reversals. This pattern is derived from Fibonacci retracement and extension levels and often forms near...
The dollar rose slightly during the Asian session on Friday as the negative Swiss interest rate was stabilized yesterday, followed by the interest rate on the US dollar, which was the lowest of the pair during the last period. At 3:45 pm Egypt is...
Auto Trading Auto trading, also known as algorithmic trading or automated trading, involves using software programs to execute financial market trades automatically. These programs are typically based on predefined criteria, such as technical...
Silver technical analysis Silver price rebounds as the US Dollar, however, its outlook remains bearish. The appeal of safe-haven assets diminished on truce talks between Israel and Iran. The US Dollar fails to hold gains driven by US Trump’s threat...
Piercing Line Candlestick Chart Pattern The Piercing Line is a bullish reversal candlestick pattern that appears in a downtrend and signals a potential reversal of the trend to the upside. It consists of two candles: Key Characteristics of the...