The Australian dollar shows limited movement on Monday. In the European session, AUD/USD is trading at 0.6609, up 0.13%. It's been a bumpy ride for the Aussie, which is experiencing a fourth straight losing week and is down a massive 4.4% in...
GBP/USD Market Outlook Greetings and Good Morning to Everyone! On Friday, the market of GBP/USD again dropped sharply and reached the 1.2960 zone, signaling a significant bearish trend and indicating that sellers are currently in control. This...
Hook reversal candlestick pattern in forex trading. The Hook pattern in technical analysis is a candlestick formation characterised by a unique hook-like structure. It reflects a potential shift in market sentiment, signalling the end of a...
### Analysis of USD/CHF: Current Trend and Future Outlook As of now, the USD/CHF currency pair is trading at approximately 0.8619, reflecting a bearish trend that has characterized the market in recent times. A bearish trend indicates that the value...
GOLD OUTLOOK ANALYSIS: On the Gold D1 time frame chart, for those who have been following my previous analysis, the projected target profit level was achieved as anticipated, reflecting the recent strong performance of gold. Analyzing the D1 chart,...