The bearish belt holding pattern is a candlestick example of the possibility of a bearish reversal in the forex market. It is usually at the end of a trend and indicates that market sentiment may be moving from trend to trend downward. Here is a...
Analyzed from the H1 timeframe, after successfully breaking through the closest resistance, USD/JPY immediately rose to 160.83. After this significant increase, USD/JPY may correct first. This morning, USD/JPY experienced a slight weakening and is...
AUD/ USD: A Roadmap to Successful Trading Our discussion centers on real-time evaluation of the price action of the AUD/ USD currency pair. On Friday, there was significant buying in the AUD/USD pair. On the daily chart, the movement has been...
The NZD/USD currency pair experienced minimal fluctuations throughout the day session, showing only slight movement. Throughout the trading day, the pair remained confined within a narrow range, hovering close to the opening levels for the week....
Technical Analysis EUR/USD Today marks the beginning of a new trading week. The 4-hour chart has moved, showing that the price moved sideways in the previous two weeks. This week, they opened inside a sideways blue and bearish red channel,...