Strategists Quek Ser Leang and Lee Sue Ann from United Overseas Bank (UOB) have provided a sobering recalibration of the British Pound’s near-term trajectory, noting that the currency’s attempt to consolidate gains above the 1.3600 handle has faced...
The Three White Soldiers candlestick pattern is one of the most recognized and powerful bullish reversal patterns in forex trading. It provides traders with a strong visual signal that a downtrend may be ending and a new upward trend is beginning....
According to my analysis H1 is retesting a broken range floor after a spike-and-fail, and this is where risk management and trading discipline stop you from buying “support” that just got violated on heavy volume. Price is at 1.17603, pressing into...
NZDJPY TECHNICAL ANAYSIS IN H4 Based on the H4 (4-hour) chart for NZDJPY, the asset is currently experiencing a significant bearish momentum shift following a period of consolidation. Price Action Analysis Breakout and Reversal: The price...
On the M1 timeframe, the instrument is currently hovering around the 4800 price zone, where short-term price action is displaying a compressed consolidation pattern after a brief impulsive move. Instead of continuing with immediate directional...
