The hook pattern represents a slight pullback in price within an existing trend before continuing in the same direction. It suggests a temporary pause or consolidation before the trend resumes. The Hook pattern in technical analysis is a candlestick...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Good Morning Visitors. Let’s focus on the Crude oil price action. Crude oil is trading at 67.05 at the time of writing. The US dollar index is in positive territory, which indicates that the US...
The recent market dynamics surrounding the EUR/USD currency pair have raised questions about whether the upward momentum has reached its limit, particularly in light of the disappointing U.S. economic data. Specifically, the lower-than-expected...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello fellows, traders, readers, and moderators. It is my pleasure to present today a technical analysis of USD/CHF. Let's take a closer look at today's USD/CHF price action. USD/CHF is trading at...
Analysis and Trading Strategy for AUD/USD (March 8, 2025) The AUD/USD currency pair is currently trading at 0.6306, with a monthly pivot point at 0.6235. Key resistance levels are R1 at 0.6382 and R2 at 0.6556, while the support level is S1 at...
