Crude Oil Trend Evaluation The analysis of the price behavior of Crude Oil is up for discussion. There is an issue with oil prices or multiple factors at play. A zigzag correction moving upward on both the hourly and longer-term charts looks...
USD/ JPY Price Movement Our conversation focuses on the current state of the USD/ JPY currency pair's price behavior scrutiny. The currency pair experienced a slight decline today but achieved a key objective. The chart indicates that the pair...
What Is Marubozu Candle? A Marubozu candle is one of the candlestick patterns I’ve come across in technical analysis, especially when analyzing price movements in the stock or forex markets. The word "Marubozu" comes from Japanese and means "bald"...
USD/CHF Price Activity Our conversation revolves around the current pricing behavior of the USD/CHF currency pair, which we're analyzing. The USD/CHF pair has been trending upward recently, mainly after closing above the 85th figure. However,...
pair faced selling pressure from the intraday low of 0.6710 during Tuesday’s New York session. However, despite this dip, the price is anticipated to continue its upward movement as the US Dollar weakens following the release of the US Initial...