The GBP/USD pair is currently trading around 1.3074, showing a bearish trend in the market. This suggests that the British pound has been weakening against the U.S. dollar, which may be driven by several factors such as economic indicators,...
Price Signals: Gold Market Our discussion revolves around the present examination of the Gold price action assessment. I anticipate that the decline in gold prices will persist. The price of gold finally broke out of its sideways movement and...
What Is a Hook Reversal? A hook reversal is a short-term candlestick pattern that predicts a reversal in the trend’s direction. The pattern occurs when a candlestick has a higher low and a lower high than the previous session’s candlestick. This...
Crude Oil Price Tendency We focus on the ongoing study of the Crude Oil pricing movement analysis. The hourly oil chart presents an intriguing situation. The chart has not shown a significant decline over the past day, likely due to the dollar's...
What Is a Hook Pattern? The Hook pattern in technical analysis is a candlestick formation characterised by a unique hook-like structure. It reflects a potential shift in market sentiment, signalling the end of a prevailing trend. There are bullish...