Bearish Abandoned Baby Candlestick Chart Pattern The Bearish Abandoned Baby is a rare but highly reliable candlestick reversal pattern that signals a potential shift from an uptrend to a downtrend. It typically appears at the top of an uptrend and...
USD/CHF H1 Chart The USD/CHF market is following an uptrend and is showing strong bullish momentum in the H1 timeframe. The price is currently trading at 0.90154, reflecting the positive movement in the market. The USD/CHF market recently broke the...
EUR/USD Analysis: Current Market Conditions and Trading Strategy Current Price Action The EUR/USD currency pair is currently trading at 1.0396, which is positioned below the Daily Moving Average. This suggests a bearish market sentiment and...
Technical analysis of XAUUSD I chose gold for technical analysis today, and the price of gold is rising. The bullish line helped its price move higher. The price of gold, which had previously fallen but disrupted the market, is now rising. Market...
Decline in Gold Prices As the European session commenced on Friday, gold (XAU/USD) was observed to be trading below the record high of the previous day, approaching the $2,920 mark. Meanwhile, the US dollar also hit its lowest level since December...