Last Friday, the pair halted its recent slide, managing to climb back to 1.2800 after hitting a low near 1.2750 earlier in the week. The market sentiment saw a positive turn as investors brushed off cautious remarks from Federal Reserve officials,...
The Story in the Charts: Gold We will discuss the current behaviour analysis of the Gold price. Yesterday, gold climbed to the upper border of the ascending channel, reaching 2372. I expected a reversal at this level, anticipating a downward move....
Greetings! The bearish trend continues, as seen in the tapering pattern moving downward. Although the candle bodies are not particularly large, monitoring signals before opening positions are wise. The RSI is also trending downward and nearing the...
EUR/USD Price Action Our conversation will centre on analysing the EUR/USD currency pair's price action. I believe a swift change in direction from bullish to bearish for EUR/USD is unlikely. The price is above the central angle of the descending...
NZD/USD /H4 The NZD/USD currency pair recently reached a significant goal, halting at the level of 0.6130-0.6155. This level represents a strong rebound resistance, as indicated in the chart. Given this context, a downward rebound can be...