Doji candlestick chart pattern in forex trading. A doji (dо̄ji) is a name for a trading session in which a security has open and close levels that are virtually equal, as represented by a candle shape on a chart. Based on this shape, technical...
NZD/USD ANALYSIS: Next week, the outlook for NZD/USD suggests a further decline towards the range of 0.5850-0.5825 in futures prices. This drop is anticipated as the pair seeks to test the accumulation of volumes in this area. The accumulation of...
It seems like you're discussing the EUR/USD currency pair and analyzing its recent performance. For an effective analysis, consider the following points: 1. **Current Market Conditions:** As of the latest data, the EUR/USD pair is at 1.0876, showing...
Oil prices have remained under pressure this week, with Brent crude hovering just above the $80 per barrel mark, a level last seen in early June. Persistent concerns over global demand, particularly the disappointing consumption in China, have...
The analysis of the GBP/USD currency pair's price movements reveals a recent surge of over 30 figures, which then reversed into a bearish pattern last Thursday. The strengthening of the US dollar has put downward pressure on the GBP/USD pair. The...