The current situation can be summarized as follows: Since February, I’ve been tracking a clear ascending channel, where zigzag peaks are acting as guidelines. Now, a smaller channel is emerging, bringing us back toward the upper band that was around...
Gold technical analysis: 4-hour time frame: If we look at the 4-hour price of gold, then at this time, it is moving within the structure, and following this structure properly, the gold market is rising. Currently, the gold price is above the...
Bullish vs. Bearish: What’s the difference? "Bullish" and "bearish" are terms I often encounter in finance that describe market sentiment and trends. Bullish Definition: When I'm feeling bullish, it means I’m optimistic about the future performance...
The pound sterling (GBP) against the US dollar (USD) is continuing its sideways market to consolidate the price trend at the beginning of the new week, swinging in the narrow trading area around 1.3000 in the first half of European time. At the same...
**EUR/JPY Key Analysis: Market Outlook and Upcoming Events** The EUR/JPY pair has been following a consistent bullish trend recently, but this week brings a few news events related to the Euro that could provide opportunities for sellers to...