The latest Consumer Price Index (CPI) report showed headline inflation accelerating to 2.9% as anticipated, but the core CPI, which excludes volatile food and energy prices, rose at a slower pace of 3.2%. This reinforced market expectations that the...
Technical Analysis EUR/USD H-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains above 70, suggesting that the EUR/USD pair will pull back before continuing its upward trend. On the upside, 1.0500-1.0510 (round number,...
Technical analysis of gold Today we have a daily chart update for gold and you can view the previous analysis through the following link In the previous analysis, the price was trading outside the white triangle, which is the common area between...
This week, the foreign exchange market delivered a brutal lesson to traders, particularly in the USD/JPY pair. I observed a sharp upward impulse that pushed prices up by 300 points with minimal retracements, only to be followed by an equally...
The Importance of the Head and Shoulders Candlestick Pattern in Trading In technical analysis, candlestick patterns play a crucial role in predicting potential price movements. Among the most reliable and well-known reversal patterns is the Head and...
