The EUR/USD currency pair experienced a resurgence, climbing back above the 1.0400 mark and reaching a new weekly high. This upward movement was primarily driven by a weakening US dollar, which retreated in late trading sessions. Several key...
On-Neck Chart Pattern The On-Neck Chart Pattern is a candlestick pattern used in technical analysis to predict potential market trends. It generally occurs in a downtrend and signals possible continuation of the bearish movement. Here's how the...
General Points about USDCAD: Right now, the market is trading around the 1.4326 level, showing signs of stability after today's U.S. Core CPI data release. A key economic indicator has provided some support to the U.S. dollar, helping it maintain a...
Rounding Top Candlestick Chart Pattern The Rounding Top candlestick pattern, also known as a "Saucer Top" or "Inverse Saucer," is a bearish reversal pattern often seen in technical analysis. This pattern indicates a gradual shift from bullish to...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD I will try to analyze the Gold pair using the H4 timeframe, it can be seen that the current price is still playing above the Moving Average Indicator period 21 and also the Moving Average Indicator period...
