The pair surged to 157.10 during Friday’s European session, reflecting significant market movements. However, the asset quickly retreated as the US Dollar continued its downward trend for the third consecutive trading session. The DXY managed to...
Gold: Grasping Forex Dynamics The analysis of gold price behavior is currently under discussion. After a minor downward correction, we anticipate a further rise in the exchange rate on Monday. A breakout above the 2312 level would signal continued...
NZD/USD The price has successfully broken out of the rising red channel. Currently, it is trading within two distinct channels: a bullish red channel representing the price movement from the previous month and a bearish blue channel representing the...
Hello all traders, Today, I'd like to share my market analysis on Oil H1 with you. Looking at the larger price chart, there's a current downtrend where the quality of breakouts has declined. The recent breakout with bar 4 wasn't strong. Initially,...
CHART PATTERNS IN FOREX TRADING Chart patterns are a crucial element of technical analysis in Forex trading, helping traders identify potential trading opportunities and predict price movements. In this article, we'll explore the most common chart...