WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is indecisive, indicating a balance between buyers and sellers. It is called a...
Analysis of monitoring the trend of the US Dollar / Yen currency pair. Time frame – 4 hours. Let's evaluate the prospects for the movement of the analyzed instrument from the point of view of the profitability of concluding a transaction based on...
The NZD/USD currency pair has exhibited a pronounced bearish tendency in the past month, with sellers asserting their dominance over the market. The price has been pushed down to the 0.6094 level, marking a notable shift from the preceding weeks...
U.S. dollar showed notable volatility against the Japanese yen throughout the week, largely due to the FOMC meeting and the Bank of Japan meeting, both of which created significant noise in the market Despite these volatilities, the dollar seems to...
The economic calendar is packed with news concerning the US dollar, yet it seems unlikely that this will significantly impact the NZD/USD chart activity. Observing the market over a four-hour period, it is evident that there is a confident movement...