Technical Analysis of Crude Oil: 4-hour chart: If we look at the price of crude oil today, the market price is falling in the 4-hour time frame, and at this time, the prices come to your four-hour fair value area and get support from this area. In...
GBPUSD Last week there were seven signals for the pound dollar. Two of them worked. And basically all the signals were false, they were false mainly due to the fact that from Tuesday to Wednesday the price was trading in a range. When it is trading...
The USD/JPY 30-minute chart shows a strong bullish momentum with the price breaking above the 150.00 psychological level, trading currently at 150.187. After a consolidation phase, the pair has cleared multiple liquidity zones (DLiq) around 149.500...
Important Points of USDJPY: The US dollar is moving quite well, which is causing the USD/JPY market to rise. However, this could also be a temporary concept, and the market's direction can change due to new data. Hence, I hope that in the coming...
What are Pennant Patterns? Pennant Pattern is a continuation pattern formed by large currency pair price movements that help identify the direction in which currency pairs are headed. The pattern resembles the shape of a flag, which denotes a...