AUDUSD Market Analysis Friday, October 11, 2024 The trend direction of the AUDUSD pair has likely changed to bearish because the EMA 50 is seen crossing the SMA 200. With the emergence of the death cross signal, the projection of the price...
A Tweezer Bottom is a bullish reversal pattern composed of two Japanese candlesticks with matching bottoms that appears at the bottom of downtrends. Tweezer bottom’s matching bottoms are generally composed of shadows but also be the candle’s body. A...
Gold Technical Analysis: 4 Hour Time Frame: Let's look at the market price in a 4-hour time frame. Currently, the market price and the moving average are moving upwards, and the price is currently above the 200-day simple moving average, which...
What is a Tweezer candlestick pattern? Tweezers form when two consecutive candlesticks have equal, or very close to equal, highs (tweezer top), or lows (tweezer bottom) The equal highs or lows may also reflect the open or close of two consecutive...
EUR/USD The weekly trading range is close to failure. They broke through downwards by 20 points, but they are not confidently moving north. Although, there is a 50-point rollback, and I want more and more. I look at the weekly time frame, and...
