Trend Reversals: Cautions to Consider 1. False Signals and Premature Entries Trend reversals can lure traders into premature entries based on initial signs of change. False signals are common, leading to losses when the trend resumes its original...
The pair has extended its pullback from Thursday’s retreat, particularly from the 50-SMA (Simple Moving Average), reinforcing a three-week downtrend that extended into Friday’s session. Observing the daily timeframe, it becomes evident that the...
A trend reversal in financial markets refers to a change in the direction of the price movement of an asset. This concept is crucial for traders and investors who seek to profit from market trends or avoid potential losses. Understanding trend...
The pair is trading around the 1.1090 level, which remains just above this year's low of 1.0960. After a brief period of stability, the EUR/USD resumed its sharp decline. Concurrently, technical indicators are showing steady downward momentum,...
Fundamental Analysis As some follow-through US Dollar (USD) gain occurs, the old price (XAU/USD) fails to capitalize on the previous day's advance up from the $2,485 zone and moves down during the Asian session on Tuesday. The Federal Reserve (Fed)...