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...
Important Points of GBPUSD: The recent performance of GBPUSD buyers was quite poor, with prices consistently dropping and reaching very low levels. One possible reason could be recent U.S. news events, but I believe the upcoming U.S. elections are...
XAU/USD Gold Market Analysis Gold (XAU/USD) remains a pivotal asset as global uncertainties rise. Today, gold prices saw slight upward momentum, resting around $2,747, benefiting from growing safe-haven demand. In the U.S., September’s durable goods...
The USD/CAD currency pair is showing bullish signs, with several technical factors aligning. The upcoming retest of the 100-day moving average on the 1-hour (H1) timeframe is significant, as it has historically served as both a support and...
The USD/CAD daily chart shows a robust uptrend, with the pair trading at 1.38883, reflecting strong bullish momentum since early October. The price has approached a significant resistance zone around 1.3900, marked by the red-shaded area, which has...