Crude oil technical analysis: H1 time frame: If we look at the price of crude oil today, the price is currently at 75.30, which is a good resistance level. If we look at this resistance level in the past, how many times has it fallen below this...
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...
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...
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...
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...