The situation this week for the EURGBP pair is such that we may have already reversed the zigzag to the south, and to the north there was only a correction in the southern zigzag with wave (b). So far, an assumption, because two control points...
USD/ JPY Market Momentum Shift The price action analysis of the USD/ JPY currency pair is what we will be discussing today. The USD/JPY pair recently broke through the 149.35 resistance level on the hourly chart, signalling the continuation of the...
EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
The pair has maintained buying momentum for five consecutive days, climbing to a two-month high near the key psychological level of 150.00 on Tuesday. However, intraday gains were trimmed as spot prices retraced slightly, hovering around the...
What Is a Kicker Pattern? Bullish Kicker Pattern A Bullish Kicker candlestick pattern forms within a downtrend when bullish momentum begins overtaking selling pressure. A sharp change in psychology occurs after a long red candle extends the...
