What is pin bar candlestick pattern in forex trading. The pin bar is a price action reversal pattern that shows that a certain level or price point in the market was rejected. The actual pin bar itself is a bar with a long upper or lower “tail”,...
Gold falls below $2,500 following US PCE report, boosting likelihood of September Fed rate cut. Fed's cautious policy easing strategy stirs uncertainty; markets favor a 25 bps cut. Traders' bets on a 25 bps rate cut rise to 69%dds for a 50 bps...
WHAT IS SWING TRADING? Swing Trading: A Comprehensive Guide Swing trading is a popular trading strategy that involves holding positions for a shorter period than investing, but longer than day trading. It's a versatile approach that suits traders...
Gold stays under modest bearish pressure and declines toward $2500 in the American session on Friday. The 10-year teasury bond yield edges higher toward 3.9% after US PCE inflation data , causing XAU/USD to stretch lower. Gold Price Forcast :...
Price Action Analysis of the EUR/ USD Currency Pair We can see the EUR/ USD rate in the following chart. The quote continues to trade in a tight range below 1.1100 and remains on track to end the week in negative territory. Earlier in the day, the...