Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish reversal candlestick pattern commonly observed in technical analysis of stock and forex markets. It often signals that a potential downtrend is about to occur after an upward...
The GBPUSD pair has a chance to correct upwards to reach around the two moving average lines that are almost crossing. This is because the current price is above the SBR area of 1.2686 but if it faces a later rejection, it could continue to move...
Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a significant candlestick pattern used in technical analysis to indicate a potential reversal in a downward trend. It often suggests a shift in market sentiment from bearish to...
The EUR/GBP currency pair has remained within a relatively narrow range, trading around 83.20 pence since mid-September. This consolidation reflects a market uncertain about the direction of both the Eurozone and UK economies, with key policy...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good Morning hope all my friends who work here are happy in their life. I want to analyze the movement of the price of XAU/USD from a technical and fundamental point of view. XAU/USD is trading at...
