NEXT TRADING STRATEGY IN USD JPY
USD JPY is trading sideways since 1st July after touching high near 108.00 , no meaningful downside is witnessed since then. It is right that forex market is passing through…
Read More »Gold Price Prediction: XAU/USD rising wedge pattern breakdown looms
After gold prices hit an eight-year high on Wednesday this week, consolidation took over. Investors saw the US dollar gain traction following the maje
Read More »US Dollar (DXY) Eyes Multi-Month Low But Speculators are Trimming Their Short Positions
The US dollar chart remains weak with a short-term series of lower highs and lower lows highlighting the greenback’s weakness. A new multi-month low may be on the horizon.
Read More »Australian Dollar Forecast: RSI Flops Ahead of Overbought Territory
AUD/USD may consolidate over the coming days as the Relative Strength Index (RSI) appears to be reversing course ahead of overbought territory.
Read More »Hammer Candlestick Pattern: Strategy Guide for Day Traders
It is difficult for a trader to make a decisive decision without critically evaluating relevant information about the market. One of the effective tools in this decision-making process is price…
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