Tweezer Top and Bottom candlestick patterns in forex trading. Understanding Candlestick Patterns Candlestick patterns are a cornerstone of technical analysis in trading. They provide visual cues about market sentiment and potential price movements....
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
GBP/JPY continues to trade at a decisive technical level, with 192.46 serving as a crucial support zone that could dictate the pair’s next major movement. A rebound scenario is the preferred outlook, provided that the pair maintains this level, as...
The (EUR/USD) currency pair experienced a dip to its lowest point on Wednesday, briefly breaching the 1.0400 level before rebounding to its opening range. The Federal Reserve's latest interest rate decision yielded no significant surprises,...
