Following a substantial $250 decline, gold buyers have regained strength, propelling the precious metal back into its upward trajectory. The resurgence of bullish momentum is underscored by the appearance of a classic Golden Cross pattern—a pivotal technical signal where the 20 MA decisively moves above the [...]

In recent days, USDCAD has exhibited strong bearish momentum, reflecting a continuation of its downward trend. This momentum is further supported by the formation of a classic Death Cross, where the 20 MA crosses below the [...]

The NASDAQ 100 recently experienced a healthy correction, dipping to 20,400, which coincides with the key 61.8% Fibonacci retracement level. This level acted as a strong support, sparking a robust bounce back to the upside. Encouragingly, the Relative Strength Index (RSI) has moved out of [...]

The EURUSD currency pair has exhibited a sustained downtrend, further confirmed by a bearish technical pattern: the Death Cross. This occurs when the 20 MA crosses below the 60 MA, signaling a strong [...]

Silver, which has been in a strong uptrend for most of the year, recently underwent a significant correction, dropping nearly 20% just a few weeks ago. This sharp pullback attracted new buyers, as the oversold conditions presented an appealing opportunity. Their buying activity has since driven prices higher, signaling a [...]

Oil prices have climbed by over $3 per barrel since last week, driven by renewed buyer interest following a period of oversold conditions. This rally reflects a growing confidence among market participants as the asset regains upward momentum. Adding to the bullish sentiment is the imminent formation of a Golden Cross—a widely recognized [...]

The USDCAD pair has demonstrated a strong bullish trend, gaining nearly 300 pips since the start of the month. Despite occasional pullbacks and periods of consolidation, the pair's upward momentum remains robust, supported by the formation of a Golden Cross, where the 20-day moving average (MA) rises above the[...]

The S&P 500 has experienced a significant decline, losing nearly 200 points since last week as bearish sentiment took hold. This downturn was signaled by the formation of a Death Cross, a classic technical indicator where the 20-day moving average (MA) crosses below the 60-day MA. This bearish crossover typically suggests that further downside may be on the horizon, reinforcing the [...]

The AUDUSD pair remains entrenched in a clear downtrend, reflecting ongoing bearish market sentiment. This trend was reinforced by the emergence of a strong sell signal, known as the Death Cross, where the 20-period moving average (MA) crossed below the 60-period moving average. This technical event typically signals continued [...]

After finding robust support near the 1.0520 level, the EURUSD pair has begun to show signs of recovery, gaining modest momentum in the short term. This upward movement has been bolstered by an increase in buying activity, as evidenced by a technical indicator known as the Golden Cross. This classic bullish signal occurs when the 20-period moving average (MA) crosses above the [...]