AUD/USD Technical Analysis: The AUD/USD pair has been showing a downward bias recently, reflecting the broader market sentiment. At the moment, it’s hovering near the 0.6600 level, which seems to be holding as support. If this support fails, I see...
Morning Star Candlestick Chart Pattern The Morning Star is a bullish reversal candlestick pattern that typically forms at the bottom of a downtrend. It signals that the bears are losing control and bulls are taking over, often indicating a potential...
The analysis of the EUR/USD pair presents a strong case for bearish movement, especially with the current price trading below the key pivot level of 1.0555. If the price fails to hold above this level, there is a high probability that the pair will...
GOLD FORECAST MOMENTUM!!! In today's technical discussion, the main focus is still considering the opportunity for a sell re-entry first after seeing the momentum of the decline since the market opened on Monday (December 2, 2024). Therefore, the...
Gold prices surged to a two-week high on Friday, driven by a decline in US Treasury yields and heightened geopolitical tensions. The XAU/USD pair climbed to $2,710, marking a 1.50% increase. The decline in US Treasury yields, particularly the...
