The USD/CAD currency pair, currently trading around the 1.3749 level, is exhibiting a bearish trend at this point. This trend indicates that the U.S. dollar is weakening against the Canadian dollar, potentially due to various macroeconomic factors...
The USD/CHF currency pair, currently trading around the 0.8570 level, has been experiencing a bearish trend, with the US dollar weakening against the Swiss franc. This downward movement can be attributed to various factors, including economic data,...
USD/JPY technical analysis H4 chart If we look at the H4 chart, the market price is currently trading within the trendline. The market price has just attempted to break out of the downtrend line, and the market is currently trading below the...
Gold technical analysis H4 chart The market price on the H4 chart is currently testing the upper trendline. The market then started to rise sharply as the market price tested the descending trend line on the H4 chart. If the market price breaks...
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...