The chart illustrates the hourly price movement of gold (GOLD, H1), enhanced by the use of Fibonacci retracement levels and trendlines to interpret recent price action. A strong bullish trend can be observed starting in early April, with the price...
The AUD/USD pair is trading around 0.6360 during Thursday's European session, showing signs of resilience after paring losses from earlier in the week. The pair rebounded toward 0.6390 as the US Dollar’s short-lived recovery faltered amid renewed...
The EUR/USD H1 chart reflects a dynamic market structure with a notable bullish surge starting in early April. The pair experienced a strong upward movement, particularly between April 5th and April 10th, where price action displayed long bullish...
The Japanese Yen (JPY) enters Thursday’s North American session with notable strength, posting a 0.8% gain and outperforming its G10 peers. This upward momentum is underpinned by a blend of macroeconomic factors and market sentiment. The mild...
The Hammer Candlestick Pattern is a bullish reversal pattern that typically forms at the bottom of a downtrend. It is characterized by a small real body at the top of the candlestick and a long lower shadow, usually at least twice the length of the...
