Candlestick Analysis Candlestick Analysis refers to a method of interpreting price movements in financial markets by analyzing candlestick charts. These charts display price data in a way that provides insights into market sentiment, potential trend...
EUR/USD Technical Analysis: Right now, EUR/USD is hovering around 1.1060, staying in a tight range due to the holiday slowdown. Key support levels I’m watching are 1.1020 and 1.0980, while resistance is at 1.1085 and 1.1120. Looking at the...
The EURJPY pair has been declining since the beginning of the week. The price reached a high of 164.85 before dropping to a low of 162.40. The price attempted to rise above 163.00 but failed to sustain the upward momentum and was pushed down. The...
The XAU/USD pair experienced a period of consolidation on Tuesday, trading near $2,625 per ounce after opening the week around $2,600. With the holiday season in full swing, market activity has been relatively subdued as investors await significant...
The EUR/USD H4 chart shows a clear and ongoing downtrend over the past several months, with the price consistently staying below the 200-period moving average (red line). After peaking around 1.12630, the pair began to decline, marked by lower highs...
