During the first half of Tuesday's European session, the price of gold (XAU/USD) gives up a significant portion of its intraday advances to reach a new record high and trades close to the lower end of the daily range. However, despite concerns about...
A Hammer candlestick has a small body near the top of the candle, a long lower wick (at least twice the body length), and little to no upper wick. It forms during a downtrend and signals potential bullish reversal, as the long wick indicates...
Silent Points about USDCADresently, there will be no news events released for the Canadian Dollar. Because of this, reliance will be solely on GBP news events. The market’s direction will be influenced by key economic indicators and fundamental...
The USD/JPY H4 chart illustrates a clear downtrend, as indicated by the declining price action and the price consistently trading below the red moving average, which appears to be the 50-period SMA. This moving average has acted as dynamic...
Bullish Indications for AUD/USD The AUD/USD currency pair is currently showing promising signs for bullish movements, with the price trading at 0.6273. This level indicates a potential upward trend, despite the Marlin Oscillator showing sideways...
