As I analyze the current market situation, I can see that another working week has come to an end, and the chart reveals some critical insights. The horizontal line drawn on the chart clearly highlights the intensity of the bears' defense. I observe...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
I observe the current market behavior in XAU/USD as a fascinating interplay of technical patterns, trader psychology, and institutional maneuvers. Over the past week, the price action has been volatile, yet inconclusive, with gold failing to...
NZD/USD Market Trend Analysis: Bullish Outlook Current Market Overview The NZD/USD currency pair is currently navigating a bullish trend, as seen in the analysis of the 4-hour chart for this week. The market has shown a consistent effort to rise,...
Piercing Line Chart Pattern The Piercing Line chart pattern is a bullish candlestick reversal pattern that typically appears after a downtrend. It signals a potential reversal to the upside. This pattern is made up of two candlesticks:...
