Forecast of Crude Oil H4 time frame chart outlook: With the price of Crude Oil continuing to rise above the 12, 26, and 50 EMA lines, technical analysis indicates that the overall trend on the H4 time frame chart has been positive over the past few...
Understanding USD/JPY Prices The USD/JPY currency pair's price movements and the analysis surrounding it will be our topic of discussion. We have now reached the highs of August. Correcting at least one or two pips seems reasonable, given these two...
The British pound shows little movement on Friday in what has been a very quiet week for the currency. In the European session, GBP/USD is trading at 1.3071, up 0.10% on the day and at a low. The UK economy showed a slight improvement in August with...
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...
USD/JPY technical analysis H4 chart If we look at the H4 chart, the market price is currently trading within the trendline. The market price has just attempted to break out of the downtrend line, and the market is currently trading below the...