The Spinning Top candlestick pattern is a type of candlestick that signifies indecision in the market. It is characterized by a small real body (the difference between the opening and closing prices) and long upper and lower shadows (wicks). This...
In the past month, the NZD/USD currency pair has shown significant bearish tendencies, with sellers making a concerted effort to dominate the market. The price has been pushed down to the 0.6094 area, which marks a notable shift from the preceding...
Winning in Forex: USD/ CHF We analyse the live dynamics of the pricing movements of the USD/ CHF currency pair. The USD/CHF pair trades below the resistance level of 0.894, indicating a downward trend. Currently, the price is around the local level...
The GBP/USD exchange rate is currently at 1.2682, and the market sentiment is predominantly bearish. This pair, reflecting the value of the British pound against the US dollar, has seen a period of slow movement. However, several factors suggest...
Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...