The EUR/USD H4 chart shows a clear bearish trend, as the price has been consistently declining over a long period. The red moving average (likely a 50-period or 100-period SMA/EMA) acts as dynamic resistance, rejecting price rallies and reinforcing...
A Hammer candlestick has a small body near the top of the candle, a long lower wick (at least twice the body length), and little to no upper wick. It forms during a downtrend and signals potential bullish reversal, as the long wick indicates...
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SILVER It is surprising that silver manages to decline on Trump's statements regarding new duties on steel and aluminum. It behaves completely unlike gold in general and is mired in the balance, as in a swamp. In any case, at the moment I will...
NZD/USD Price Forecast The US Dollar (USD) holds its ground early Tuesday after posting small gains against its major rivals on Monday, as markets turn cautious. The economic calendar will not offer any high-impact data releases but Federal Reserve...