Crude oil technical analysis: H1 time frame: If we look at the price of crude oil today, the price is currently at 75.30, which is a good resistance level. If we look at this resistance level in the past, how many times has it fallen below this...
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...
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 is a Tweezer candlestick pattern? Tweezers form when two consecutive candlesticks have equal, or very close to equal, highs (tweezer top), or lows (tweezer bottom) The equal highs or lows may also reflect the open or close of two consecutive...
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...
