Tweezer Top and Bottom candlestick patterns in forex trading. Understanding Candlestick Patterns Candlestick patterns are a cornerstone of technical analysis in trading. They provide visual cues about market sentiment and potential price movements....
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
The AUD/USD pair continues to consolidate near the 0.6202 pivot level, which remains a key determinant of future price action. A successful hold above this level could confirm a potential rebound, while a breakdown below it may accelerate bearish...
The AUD/USD pair is navigating a critical phase, trading around the pivotal level of 0.6202. This level serves as a major inflection point, with a sustained move above potentially triggering further upside momentum, while a break below could lead...
The US Dollar (USD) strengthened last week following a series of encouraging economic data releases, reinforcing the resilience of the US economy. Investors are now closely watching the advanced Q3 Gross Domestic Product (GDP) figures, alongside...