On Monday, the spot price experienced a slight correction from its early gains, trading around $2,524 and aiming to surpass the all-time peak of $2,532. Despite this recent dip, the data suggests that the US economy remains robust, and inflation is...
AUD/USD Price Activity We will explore analysing the AUD/USD currency pair's price fluctuations. The fact that the price approached the upper extreme level of 0.6793 without rebounding and ended last week right at this high is not a favourable sign...
GBP/NZD H_1 GBPNZD - In the web of FIBO grid. In constructing my Fibonacci grid, including the previous day’s high, I set a Fibo level of 100-2.13339 on it. The Fibo level of 0-2.11719 is connected to the minimum. Next, I analyze the current market...
What is a shooting star in trading? A shooting star pattern with a small real body at the bottom of a price range and a long upper shadow that signals a likely peak on the chart. The classic shooting star does not have a lower shadow or is too...
EURUSD Market August 26, 2024 Good afternoon everyone, I hope you are always in good spirits. This afternoon I am looking at the price movements in the EURUSD market. So far I see that the price movements in the EURUSD market tend to move in a very...