Candlestick Strategies in Trading Candlestick strategies are among the most widely used techniques in technical analysis. These strategies rely on candlestick chart patterns to interpret market psychology and price movements. Originally developed by...
I begin this week by closely monitoring the NZD/USD pair after its dramatic breakdown below key Envelope levels at 0.5639 (hourly), 0.5657 (4-hour), and 0.5666 (daily) on Friday. I see the current price hovering near 0.5593, and I am now focused on...
Forecast of USDCHF The USDCHF was performing a price correction during the last few trading days, as seen by the trading activity on the H4 and daily time frame charts, which were in the range zone. Since the price has been orbiting the 12, and 26...
GBP / NZD: My Trading Suggestions The expected target goal for trading on GBPNZD is around the 2.2747 assist, a level that aligns with previous bullish impulses and could serve as a logical area for price action to test in the near term. The...
I observe that the AUD/USD pair has demonstrated extreme volatility, notably testing the critical support level of 0.5982 (Murray 2.8) by the week’s close, where bearish traders opted to secure profits. However, I believe this may not mark the final...
