Forecast of Crude Oil H4 time frame chart outlook: With the price of Crude Oil continuing to rise above the 12, 26, and 50 EMA lines, technical analysis indicates that the overall trend on the H4 time frame chart has been positive over the past few...
What are On-Neck and In-Neck Candlestick Patterns? On-Neck and In-Neck candlestick patterns are two bearish continuation patterns that I find useful in predicting short-term downward price movements in markets. On-Neck Candlestick Pattern: In an...
Forex angle Forex, short for foreign exchange, is something I’ve come to understand as a massive, 24/5 marketplace where currencies are traded. The key idea is pretty straightforward: buy one currency while selling another, and make a profit based...
The British pound shows little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and at a low. The UK economy showed a slight improvement in August with...
In the world of trading, identifying key levels of support and resistance is essential for understanding market dynamics. The price range of 1.30788 to 1.30673 has emerged as a historically significant area that warrants close attention. This zone...
