Ichimoku Cloud Analysis and Trading Strategy for NZD/USD The Ichimoku Cloud, also known as Kumo, is currently acting as a resistance to the market growth, which was initiated by the crossing of the Tenkan-Sen conversion line at 0.59495 above the...
The USD/CHF currency pair is currently displaying a downward trend, with the market price dropping to a new local low this week. The four-hour chart indicates a bearish momentum, as the price is below the Ichimoku cloud, suggesting a potential...
NZD/USD Technical Analysis on H1 Time Frame Based on the technical analysis of the NZD/USD currency pair on the H1 timeframe, entering the market with a sell position appears to be a sound strategy. Here are the key reasons why short trades seem...
Hello, After trading in a narrow channel near $2,410, gold reverses direction and trades below $2,400. The recovery seen in US Treasury bond yields after Monday's sharp decline does not allow XAU/USD to gain traction in the second half of the day....
What Is the Hockey Stick Pattern? The term hockey stick pattern is used to highlight a significant change or inflection point in a trend or data series. The name comes from the shape of a hockey stick, with its long handle and curved blade. This...