The gold market (XAU/USD) recently experienced a noticeable decline from the peak close to 3500. After falling quickly, the price received some support around the level 3300–3310. At the moment it is around 3346 and shows a slight improvement, but...
This morning, the AUD/USD currency pair tested its recent low around the 0.6350 level, which marked the lower boundary of its trading range. Following this test, the price rebounded and moved higher, currently trading around 0.6380. The recent price...
USD/JPY Multi-Timeframe Analysis Trading Plan H4 Timeframe Analysis The USD/JPY H4 chart provides a broader view of price action, confirming overall trend direction and key structural levels. Key Observations on H4: Trend Confirmation: The price...
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...
What is a Flag Chart Pattern? In forex trading, a flag chart pattern is a continuation pattern that indicates a brief consolidation before the market continues in the direction of the prevailing trend. It resembles a flag on a pole — the initial...
