The EUR/USD currency pair experienced a brief respite from its recent downward trend, trading around 1.0440 in early Asian trading on Wednesday. However, the pair's upside potential remains limited amid a cautious market sentiment ahead of the...
AUD/USD Technical Analysis: Right now, I see that AUD/USD is hovering around 0.6580, showing some bullish momentum after bouncing from 0.6550 support. The pair is still trading below the 200-day moving average (0.6625), which keeps the longer-term...
Wishing everyone a great day! There’s an opportunity to sell against the main trend on the hourly chart. This is based on the linear regression channel, which is currently sloping downward. However, it might be wiser to avoid sales or wait for a...
XAU/USD technical outlook Gold rebounds from lows, benefiting from safe-haven demand amid Trump's trade stance and US stock volatility. New Treasury Secretary Bessent proposes 2.5% starting tariffs; Trump seeks higher, escalating trade war fears....
Rounding Top Candlestick Chart Pattern The Rounding Top candlestick chart pattern is a bearish reversal pattern that appears after an extended uptrend. It resembles an inverted U-shape and indicates a gradual shift from bullish to bearish...
