GBP/JPY British Pound/Japanese Yen. On the daily chart we see a stable (quite possibly a trend line for now) and a breakout of the downward movement for this pair. It is quite dangerous to talk about some kind of resumption of a strong northern...
ANALYSIS OF AUD/CHF PAIR. The H1 chart for AUD/CHF presents a significant downtrend, as evidenced by the sustained price action below the 200-period moving average (red line). The price attempted multiple recoveries but faced resistance near the...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD Gold is observed to be stuck at the nearest resistance with conditions in the 15-minute timeframe in the form of a shadow which means that price rejection applies so that there is a chance for a decline. ...
The EUR/USD pair is currently trading at 1.08326, and I observe that it is moving in a northerly direction. I can see on the daily chart that the MA36 indicator is pointing north, which suggests a potential continuation of the bullish trend....
The candlestick pattern observed can indeed be interpreted as a star formation, which is often seen as a potential signal for a reversal or a continuation of a trend. While it’s important to note that this specific star pattern appeared in a...
