The pair is showing softer bullish momentum, hovering around the 1.3830 level during early Tuesday’s Asian session. However, the market remains cautious as traders brace for significant events that could impact the pair's movement. One of the...
What Is a Kicker Pattern? Bullish Kicker Pattern A Bullish Kicker candlestick pattern forms within a downtrend when bullish momentum begins overtaking selling pressure. A sharp change in psychology occurs after a long red candle extends the...
What is money flow index. The Money Flow Index (MFI) is a technical that uses price and volume data for identifying or signals in an asset. It can also be used to spot which warn of a trend change in price. The oscillator moves between 0 and...
EUR-GBP ANALYSIS CHART The situation on the EURGBP currency pair has not changed much. The 4-hours chart shows that the pair is in a bearish trend. The price is below the Ichimoku cloud, which indicates a downward momentum. This means that a short...
Analysis of the USDJPY pair in the H-4 time frame. The USDJPY pair situation since the beginning of last month, has been running on the bullish side until it has managed to rise upwards which may want to try to move further away from the simple...
