Gold prices exhibited a moderate bullish trend on Tuesday, driven by a confluence of factors. Notably, China's Politburo pledged to bolster economic growth through increased stimulus, while the People's Bank of China resumed gold purchases, both...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY market price fell at dawn and helped the trendline price drop. The price of war fits nicely with the trendline and after reaching that timeline its market price...
The AUD/USD pair is trading at 0.6239, displaying a predominantly bearish trend over the analyzed period. The price recently entered a consolidation phase following a significant downward movement. The technical indicators, including the moving...
What is inverted hammer candlestick pattern in forex trading. What is an Inverted Hammer Candlestick? The Inverted Hammer candlestick pattern is a bullish reversal chart pattern used for technical analysis that forms during a downtrend and signals a...
Currency pair EURUSD - let’s look at the chart of the H1 period. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The price is currently constrained between the 1.0413 resistance level and the...
