#Gold Have a nice day everyone! The slope of the linear regression channel is heading upwards on the daily chart. Which shows the strength of the buyer, who is trying to grow to the level of 2486.40. Upon reaching the target, the movement will slow...
The euro has been very volatile over the last few days, and it is going nowhere. The market seems to have continued to operate as a side business, awaiting a more stable migration. While the upcoming PPI (Producer Price Index) data may provide some...
Understanding the Matching High Candlestick Pattern The Matching High candlestick pattern is a significant indicator used in technical analysis to forecast potential price reversals in financial markets. This pattern emerges during an uptrend and...
In my morning forecast, I highlighted the 1.2800 level and planned to base my trading decisions on it. Let's review the 5-minute chart to see what happened. The rise and the formation of a false breakout at 1.2800 led to a selling point for the...
Analysis of USD/CHF Currency Pair Overview The USD/CHF currency pair has recently shown significant bearish trends, as evidenced by the market's movement through the Ichimoku Cloud. Currently, the market quote stands at 0.88302, with the price...