The pair experienced a notable drop to near 0.6680 during Friday's London session. The pair had initially gained strength as the DXY weakened, influenced by the anticipation of the United States core Personal Consumption Expenditure Price Index data...
LONG LOWER SHADOW CANDLESTICK PATTERN The Long Lower Shadow Candlestick Pattern: A Bullish Reversal Indicator The Long Lower Shadow candlestick pattern is a powerful bullish reversal indicator that forms at the bottom of a downtrend. It's a sign...
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Crude Oil Price Behavior Analysis The current discourse revolves around analyzing the price behavior of crude oil. Our focus remains on the D1 chart in the black gold market. Previously, the price channel ascended until it broke at its lower border...
Reading the Language of GBP/ USD Prices Today, we'll analyze the price movements of the GBP/ USD Currency pair. The price forms an AB-CD pattern, transitioning from a bearish to a bullish trend. The AB segment is complete, and the BC segment is in...