The provided image is a 5-minute candlestick chart of GOLD from TradingView, displaying price movements with key levels and annotations such as Bear Wick and Bull Wick. Let’s break it down into different components: 1. Price Action and Structure ...
GBP/USD Market Movements: Key Insights(March 5, 2025) The Pound Faces Pressure Amid Economic Shifts The UK economy has managed to stay resilient, with recent figures showing growth in areas like retail sales and GDP. These positive reports have...
The EUR/USD pair experienced a significant surge on Tuesday, extending its gains against the US Dollar and establishing a position above a crucial resistance level. This upward momentum followed a period of consolidation earlier in the session,...
EUR/USD My positions, short, on the EURUSD pair, from 1.0475 and 1.0452, were shaved. At the moment, I have not opened any more sales. But I think that the price growth on the pair is completely artificial. Fundamentally, there are no grounds for...
The US dollar has indeed weakened significantly in recent times, including against the Swiss franc in the USDCHF pair. I believe this could present a favorable opportunity to buy at more attractive prices. Despite the current depreciation of the US...