The USDMXN pair traded within a narrow range last Thursday. The market opened at 20,418 and was initially dominated by sellers, causing the price to move lower. This downward trend was supported by a bearish crossover between the 12-EMA and 36-EMA...
The Gold price initially declined sharply at the start of the week, but then began recovering gradually. Although it had risen above the psychological level of $2,700, the price was unable to sustain the upward momentum for long. The decline brought...
Trading Chart Patterns Trading chart patterns are visual representations of price movements in financial markets, used by traders to predict future price action. They are categorized broadly into reversal patterns, continuation patterns, and...
PAIR REVIEW AUDUSD Chart D1 - currency pair AUDUSD. Another trading month has passed, and it turned out to be multidirectional for this pair. Still, the sellers won, but the distance from the opening to the closing of the month is small, about 60...
Hello. Well, buyers were able to start something up on the Pound after all, and have already won back 300 points of the fall. But from the senior timeframes, this growth still looks like a correction, and there is a chance for another wave of...
