The GBP/USD pair formed a Hanging Man candlestick reversal pattern (blue rectangle on the chart below) on Wednesday, suggesting that the pair may have further downside in the near term. This pattern was confirmed after a long red bearish day that...
Current Scenario of XAU/USD Quotes: The price of Gold (XAU/USD) recently surged to new highs, reaching $2625.20 by the end of the week. This increase came despite mixed market signals and a bearish outlook from some indicators. One of the main...
The euro against the US dollar faced selling pressure above 1.1150 during the North American trading session on Friday. As the US dollar (USD) rebounded, the major currency fell. The US dollar index (DXY), which measures the value of the US dollar...
SILVER Have a great mood everyone! The seller is active on his part, which is shown by the linear regression channel looking to the south. The instrument is traded below the level of 31.246. I am considering sales to the level of 30.597, from which...
CHEATER TRADING JOURNAL EUR/USD Greetings to all who read me! In this situation, I would consider buying from the price of 1.1161. If suddenly the chart goes down to 1.1100, I will consider it necessary to close the deal. I expect to receive income...