Forecast of USDCHF Price appears overbought on the H4 time frame chart since the USDCHF has been in a positive trend for the past several trading days. With regard to Friday's price adjustment, the USDCHF began a bearish trend that will last for a...
EURUSD Price Forecast The subject of our discussion will be the detailed price action outlook of the EUR/USD currency pair. The EUR/USD currency pair has recently shown notable price action, reflected in the attached daily chart. As of early...
XAU/USD Recent Price Movements and Economic Data The XAU/USD pair has faced considerable volatility, influenced by a blend of economic data and technical signals. During a particularly turbulent trading session, gold initially climbed to the...
•••Crude Oil Market Analysis: November 3, 2024••• • As we assess the current state of the crude oil market, prices for WTI crude are hovering around $69.49 per barrel, reflecting a slight increase amidst ongoing volatility. The trading range today...
What is marubozu candlestick pattern in forex trading. A Marubozu is a candlestick with no wicks that has a long body. It signals a strong price action as buyers or sellers dominate the session. “Marubozu” is a Japanese term meaning “bald” or...
