The EUR/ USD brace is presently facing strong resistance at 1.0310, a position that plays a pivotal part in defining the coming request movement. As long as the price remains below this crucial resistance, the bearish trend remains complete, and...
USD/JPY Price Analysis USD/JPY declines from highs of 155.86, settling at 154.51 amid tariff-induced volatility. ISM Manufacturing PMI rises, signaling robust business activity despite global trade fears. Bank of Japan maintains optimistic outlook,...
GBP/USD Trading Analysis Update Monday, January 3, 2025 The GBPUSD pair price movement that tried to continue the upward rally, once again failed when reaching the SMA 200 as dynamic resistance. The price seems unable to move higher as in previous...
XAUUSD Technical Analysis: Gold (XAUUSD) is currently in a bullish movement, trading above the 150 moving average (MA) on the H1 timeframe. Additionally, the RSI is at 62, indicating strong bullish momentum. Trend Analysis The chart shows a clear...
The Evening Star candlestick pattern is a bearish reversal pattern used in technical analysis to predict potential trend reversals in stock prices. It's considered a reliable indicator by traders and analysts2. Here's a detailed explanation: What...
