Bearish Belt Hold Definition simplified I find the Bearish Belt Hold to be a relatively simple yet effective candlestick pattern for identifying potential reversals in an upward market trend. This single candlestick pattern forms during an uptrend...
Happy Monday to you, and I hope it’s a successful one! As we saw on Friday, the market bounced upwards and crossed the 0.6100 zone, providing some stability for NZD/USD buyers. This upward momentum has the potential to push the bullish journey...
The price hovered near $62,000 on Saturday, following a failed attempt to break above $62,500 the day before. Fear, uncertainty, and doubt (FUD) have resurfaced in the market, driven in part by a large Bitcoin transfer from a wallet associated with...
EUR/JPY Market Analysis October 6, 2024 D-1 Timeframe On this very happy day I will start the analysis from the daily timeframe where after seeing the movement of the EURJPY currency pair in the last few weeks it can be seen that the candlestick...
USD/JPY technical analysis The yen has strengthened due to the Bank of Japan's interventions and the overall weakening of the greenback. A downward price movement can see on the daily chart. We are experiencing the corrective wave C phase by...