Red Candlestick Chart Pattern The Red Candlestick Chart Pattern refers to the visual representation of a price action in candlestick charts, where a candlestick is colored red to indicate a price decline during the chosen time period. These patterns...
General Points of EURJPY: I believe today the EURJPY market will remain in favor of the sellers. The pair is currently trading around the 163.50 level, showing signs of downward momentum. This week, the ongoing G-20 meetings have not provided much...
Silent points of USDJPY: We are observing that the BOJ Governor's speech has not had a positive impact on the currency, as initially anticipated. Despite the speech, the USDJPY market has returned to its previous position, indicating that the market...
PAIR REVIEW EURNZD As we can see, the bulls failed to break the first resistance level. At the moment, analyzing the situation on the hourly chart, we can note the EURNZD pair is in a bearish trend and is now trying to gain a foothold below the...
Evening Star Chart Pattern The Evening Star is a bearish candlestick pattern often observed in financial charts, such as those used in stock or forex trading. It typically signals a potential reversal from an uptrend to a downtrend, making it an...
