EUR/GBP ANALYSIS The EURGBP pair price that is currently correcting down seems to be trying to maintain the bullish trend direction. The price is still moving between the EMA 50 and SMA 200 with the bullish trend condition that is weakening. If...
Price Action Market Forecast for GOLD (1HR CHART) We're discussing the GOLD's market behavior right now. Prices have been climbing, you can see an upward trend on the hourly chart. Bulls seem to be in control pushing the metal higher within the...
Yesterday, gold prices experienced a sharp increase after failing to revisit the lows of the previous trading day. This bullish reversal formed a strong upward candlestick pattern (likely a bullish engulfing or hammer) that closed convincingly above...
The GBP/JPY currency pair, which represents the British Pound against the Japanese Yen, is currently trading around the 205.77 level. The market sentiment appears to be on the bearish side, indicating that traders are generally pessimistic about the...
THE CURRENCY PAIR AUD-CAD Step by step, the instrument is gradually moving up. At least this is happening in an upward trend, which is visible from the movement of the moving averages, which are directed from the bottom up. And locally, the price...