The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...
EUR/GBP H-1 TIME FRAME CHART. #EURGBP (Euro/British Pound). According to the technical analysis of the currency pair/instrument on the H1 timeframe, trading at lower quotations looks very reasonable. The algorithm for choosing the most attractive...
Today, I am going to discuss the current state of crude oil prices. As of now, on the D1 chart, crude oil is trading around the 81.62 level. This price point is significant as it reflects a period of relative stability since last week, during which...
USD/JPY H-1 Good day, colleagues and traders! The Moving Average indicator for this pair is below the price, which corresponds to a buy signal. The intersection of the MACD indicator to the top also confirms purchases, as does the trend indicator....
Crude Oil (CL) Wednesday's Asian session saw a reversal of some of the previous day's retracement decline from the $81.65 region, or a nearly two-month high, in West Texas Intermediate (WTI) US crude oil prices. The commodity is presently trading at...