Frypan pattern The frypan pattern, or "rounded bottom" pattern, is something I've found particularly interesting in technical analysis. It's a chart formation that tends to signal a bullish reversal, suggesting that a stock or asset that’s been on...
The formation of an upward pattern in the USD/CAD pair signals a potential continuation of the bullish trend. Currently, the level of 1.3485 serves as a critical area of interest for long traders, as this level could act as both support and a...
Technical Analysis: Australian Dollar The Australian Dollar recovers some lost ground in Tuesday’s Asian session. The hawkish remarks of the RBA lift the Aussie, but the fear of geopolitical risks might cap its upside. Investors will keep an eye on...
NZD / USD: A daily market trading recommendation The investors of NZDUSD can benefit from this bearish scenario today. In this scenario, the bears are getting benefits and defeat the bulls soon. Thus, setting realistic goals is another important...
USDJPY For USD/JPY, so far it turns out that this instrument is flat. And in this flat, it is very possible that we will continue to work on the northern growth. So, what I can see from the indicators at the moment: - MA100 is working on the space...
