The price hovered near $62,000 on Saturday, following a failed attempt to break above $62,500 the day before. Fear, uncertainty, and doubt (FUD) have resurfaced in the market, driven in part by a large Bitcoin transfer from a wallet associated with...
Shaved Candlestick Chart Pattern The Shaved Candlestick pattern is a candlestick chart pattern used in technical analysis, mainly in the forex, stock, and crypto markets. It is characterized by the lack of either an upper or lower wick (shadow),...
EURCHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 0.9465. If the price will continue the downward rally in accordance with the bearish trend, it needs to pass the pivot...
The Australian dollar (AUD) is currently facing headwinds, with the AUD/USD pair trading near the key resistance level of 0.6850. The market's focus is on the upcoming release of US Non-Farm Payrolls (NFP) data, which will provide valuable insights...
The EUR/ GBP brace endured a decline, falling to the bottom of itsmulti-month range at 0.8380. This downcast movement followed a former uptrend on Thursday, October 3, driven by commentary from Bank of England Governor Andrew Bailey. The brace's...