Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish reversal candlestick pattern that appears at the top of an uptrend. It signals a potential trend reversal and is used by traders to identify possible selling opportunities....
The EUR/JPY pair has been trading within a range after the market opening, fluctuating between 155.54 and 157.35. I have drawn horizontal lines at the high and low points of this range. The 50-period Exponential Moving Average (EMA) is positioned...
The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
EURUSD EURUSD outlook: The EUR/USD pair is under pressure due to the US Dollar's strength and concerns regarding economic data from both regions. The European Central Bank (ECB) and the Federal Reserve continue to drive the direction of the pair....
AUD/USD Faces Selling Pressure as the U.S. Dollar Holds Strong(February 11,2025) U.S. Dollar Dominance Keeping the Aussie in Check The U.S. dollar isn’t backing down, staying well-supported by solid economic data. Strong job growth and persistent...
