Market Overview The GBP/AUD pair has shown an impressive bullish rally in recent sessions, climbing from a low of 2.03908 to a high of 2.14994 — a move of more than 1100 pips. This steep upward trend reflects strong buying pressure, possibly driven...
The time taken to confirm a pattern after it is formed represents one of the significant drawbacks of the unique three-river candlestick patterns. The confirmation is dependent upon the fourth candle, which includes a sequence that serves as an...
Economic data from both Europe and the U.S. remains relatively sparse, with market sentiment heavily influenced by the latest trade war rhetoric from U.S. President Donald Trump. Traders are particularly cautious ahead of tomorrow's release of the...
Forecast of EURJPY According to the H4 time frame chart, the EURJPY's next potential movement is uncertain because its candles have bigger wicks, but the price is currently below the 50 EMA line, indicating a negative trend. However, because it...
Forecast of Silver The price was hovering around the moving average lines and there was range trading activity, according to the Silver's H4 time frame chart. However, on Thursday and Friday of this week, the price fell sharply, and nearly all of...