Essential Bearish and Bullish Candlestick Patterns Candlestick patterns are one of the most useful tools for understanding price action. A single candle can show who is currently stronger—buyers or sellers—while a group of candles can reveal...
AUD/USD has managed to push a little higher, just as I was expecting. Earlier, I mentioned that the pair could break through the daily resistance around 0.7120 and move toward the weekly 9% Fibonacci retracement level. The idea behind that move was...
Based on the H1 Crude Oil (CL) chart, price is trading near 86.64, holding above the 86.59 session low after recovering from the 85.40 support. The structure remains neutral-to-bullish, with the broader uptrend from 79.90 still intact, but the...
Looking at the one-hour GBP/USD chart, I still see buyers having the advantage over sellers. The current structure is leaning bullish, and for now there is no strong technical signal telling me that the upward move is finished. One of the main...
USD/SGD has been under noticeable selling pressure over the last few trading sessions, and the latest price action gives me more reasons to stay focused on the bearish side. Sellers have been active, and the decline has already pushed the pair...