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...
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...
Gold Technical Analysis: 4 Hour Time Frame: Let's look at the market price in a 4-hour time frame. Currently, the market price and the moving average are moving upwards, and the price is currently above the 200-day simple moving average, which...
Gold technical analysis H4 chart The market price on the H4 chart is currently testing the upper trendline. The market then started to rise sharply as the market price tested the descending trend line on the H4 chart. If the market price breaks...
GBP/USD Good evening already! I think that today we should not expect any serious movements from the GBPUSD currency pair and, most likely, until the end of trading, the quotes of this pair will remain in the state of testing the middle border of...