USD/JPY pair continues its downward movement after the market opens, attention should be likely on the 140.62 volume level, which lies below the current price. If the price reaches this level and accumulation at 140.62 holds, preventing further...
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...
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...
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...
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...
