The correction on EURUSD has been notably deep, and I observed a trend reversal favoring the south on the H1 timeframe yesterday. I noticed that this reversal occurred after the pair consolidated below the local low of 1.0455. By the end of the...
Matching High Candlestick Chart Pattern The Matching High candlestick pattern is a bearish reversal pattern that typically appears in an uptrend. It consists of two consecutive bullish (green) candlesticks with the same or nearly the same closing...
Technical Analysis of XAUUSD (Gold vs. US Dollar) As of the latest market data, XAUUSD is trading at 2863, reflecting a continued downtrend in the near term. The price action suggests bearish momentum, with key levels to monitor for potential...
Gold Price Outlook Today, the Gold market is exhibiting clear bearish momentum, as reflected on the H4 chart, where the price has decisively broken below the ascending trendline and is now trading well beneath the 50-period moving average, which has...
I have started advocating for USD/CHF growth, but the upward movement ended quickly. Now, I am searching for the reason why the momentum stalled. I believe I have found the explanation, and I will lay everything out in detail using the wave...
