The Spinning Top candlestick pattern is a type of candlestick that signifies indecision in the market. It is characterized by a small real body (the difference between the opening and closing prices) and long upper and lower shadows (wicks). This...
The NZD/USD currency pair has been locked in a tense battle between buyers and sellers. After falling to 0.6115, the pair bounced back and is currently hovering around its 20-day moving average at 0.6140. Neither side has been able to decisively...
USD/JPY/M15 I wish you good health for everyone who has started the next trading day. Let's analyze the USDJPY pair on the M15 time frame. Fast animations with periods of 9 and 22 are my old and faithful friends. The signals are as simple and common...
### Analysis of the GBP/USD Exchange Rate and Upcoming Market Movements #### Current Market Situation As of the latest data, the GBP/USD exchange rate is sitting at 1.2691. The market sentiment currently appears bearish, indicating that the British...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...