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...
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...
A Tweezer Bottom is a bullish reversal pattern composed of two Japanese candlesticks with matching bottoms that appears at the bottom of downtrends. Tweezer bottom’s matching bottoms are generally composed of shadows but also be the candle’s body. A...
AUDUSD Market Analysis Friday, October 11, 2024 The trend direction of the AUDUSD pair has likely changed to bearish because the EMA 50 is seen crossing the SMA 200. With the emergence of the death cross signal, the projection of the price...
Forecast of NZDUSD Daily time frame chart outlook: The buyers lost steam on the daily time frame chart last week, which is why the NZDUSD just breached the moving average lines to the negative and changed the trend direction, making it bearish since...
