The USD/CAD H1 chart exhibits a notable price movement pattern, transitioning from a period of low volatility to a sharp price spike followed by an equally fast retracement. Initially, the price moved within a tight range, indicating a phase of...
Technical analysis of NZDUSD Today I will start technical analysis on NZD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 0.5672 and above support...
Technical analysis of AUDUSD Take a look at today's AUD/USD chart, where we'll be doing technical analysis. The market is currently between support and help levels. Currently, the market is showing an upward trend. The market is rising by hitting a...
Market Fundamentals: Market analysts widely anticipate that the Reserve Bank of Australia will keep interest rates steady at 4.35% in its upcoming policy decision. However, given Australia’s weaker-than-expected third-quarter Gross Domestic Product...
Bearish Belt Hold Chart Pattern The Bearish Belt Hold is a single-candlestick pattern in technical analysis that suggests a potential reversal from an uptrend to a downtrend. It is considered a type of Marubozu candle and falls under the category...
