Price Action Price action refers to the movement of a security’s price over time and is a fundamental concept in technical analysis. It is the study of historical price movements to predict future market behavior without relying heavily on lagging...
Markets are fully pricing in at least a 25 basis point (bps) rate cut by the Federal Reserve at its next meeting, with the probability of a 50 bps cut slightly easing to 29.0% from 30.0% a week earlier. Alongside the Fed’s anticipated policy move,...
Bullish Meeting line Chart Pattern The Bullish Meeting Line is a two-candle reversal chart pattern often observed in technical analysis. It suggests a potential bullish reversal in the market after a downtrend. Here’s a detailed explanation of the...
BTCUSD(Bitcoin) Bitcoin outlook: Bitcoin (BTC) is currently witnessing a period of heightened activity, trading at 104,373.91 for buy orders and 104,373.66 for sell orders, with a very tight spread. This signals an engaged market where traders...
EUR/ USD Price Watch Good morning all friends, happy weekend and have a nice holiday. EURUSD is still bearish, but this week the price is consolidating/sideways. The price is moving sideways in the area of the pin bar buy confirmation candle that...