Shooting Star : A Shooting Star is a singel candlestick pattern that is found in an uotrend. The candlestick can mark a top (But is often retested). A shooting Star is formed when price opens higher, trades much higher, then closes near its open....
The GBP/USD pair is currently trading around the 1.3070 level, with the prevailing trend leaning towards the bearish side. Despite the current gradual movement, there is a potential for significant price action in the coming days. **Current Market...
NZD/USD pair edges higher to near 0.6150 but trades inside Monday's trading range in Tuseday's European session. The near term outlook of the Kiwi asset remains uncertain as the US consumer Price Index CPI data for August takes center stage, which...
Gold (XAU/USD) has seen a rebound for the second consecutive day, trading around $2,518 as fears of "stagflation" continue to escalate. Stagflation, a term combining "stagnant" and "inflation," refers to a challenging economic scenario where high...
Greetings, guys. The USDJPY currency pair is in a strong uptrend, but it is consolidating. The formation of a triangle pattern on the H4 chart indicates the consolidation phase of the price movement. USD/JPY is creating a rising support line and a...