GBP / CAD: An hourly time frame recommendation The price of 1.7771 represents that the bulls were strong in the last week, but the bears, or sellers, are beginning to take control of the market. This transition signals a shift in sentiment that...
Gold Fundemantal Analysis Spot gold has increased by over $30 since Friday’s close, reaching a three-day high of $2,597.06 an ounce during early Asian trading on Monday, November 18. The rise in gold prices is attributed to growing market concerns...
Gold prices have experienced a significant decline since late October, with prices falling nearly 5% in just one week, marking the largest weekly drop in nearly three years. This sharp decline has erased over $250 from the precious metal's value,...
What is hook and hook reversal candlestick pattern in forex trading. What Is a Hook Pattern. The Hook pattern in technical analysis is a candlestick formation characterised by a unique hook-like structure. It reflects a potential shift in market...
USD/JPY Greetings and Good Morning to everyone! On Friday, we saw a market of USD/JPY at 154.30 zone. Therefore, the buyers were stable and it was time to come back. So, I expect that the sellers will push the market of USD/JPY below the 154.00 zone...