Traders often use engulfing patterns in combination with other technical indicators to confirm potential trend reversals. It's important to note that while engulfing patterns can be powerful signals, they are not infallible, and other factors should...
Forecast of Crude Oil The price of Crude Oil was previously moving along the moving average lines on the H1 time frame chart, making the trend direction unclear. However, in the last few trading hours, the price has been moving away from the moving...
USD/JPY Technical and Fundamental Analysis Technical Analysis USD/JPY is currently in a downtrend on the H1 timeframe, with the price facing strong resistance at 148,300. The market has attempted to break this level but failed, suggesting that...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2780, struggling to hold above the key 1.2800 resistance level. If it manages to break through, we could see a push toward 1.2850, but a failure might send it back down to 1.2750 or even...
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