The British pound (GBP) experienced a reversal against the US dollar (USD) on Friday, relinquishing its earlier gains and turning negative after reaching a two-month high near 1.2680 during the North American trading session. This shift in momentum...
During Thursday's North American trading session, the US dollar experienced a notable decline, propelling the EUR/USD pair to approximately 1.0450. This downward pressure on the dollar was reflected in the US Dollar Index (DXY), which measures the...
Piercing line Candlestick Chart Pattern The Piercing Line is a bullish candlestick reversal pattern that appears after a downtrend and signals a potential shift in momentum from bearish to bullish. It consists of two candles: Characteristics of the...
Forecast of Silver As it performed strongly in favor of buyers, the price previously stayed in the range of 32.294 for the last several trading days of the daily time frame chart. Ultimately, on Tuesday of this week, the price of silver rose due to...
Current Status of WTI Prices and Market Dynamics As of now, West Texas Intermediate (WTI) crude oil prices are hovering above $70.00. However, the market is characterized by caution and uncertainty. Investors are closely monitoring the upcoming...
