WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is stuck in a tight range, indicating indecision in the market. It is called a...
AUD/USD MARKET ANALYSIS In the movement of the TF H4 reference for the AUDUSD market, it can be seen that the trend condition has begun to re-enter the bearish phase. This was confirmed after the decline was able to pass the movement limit of Ma...
The GBP/USD pair has shown notable fluctuations recently, driven by a mix of economic data, geopolitical events, and central bank policies. As of the latest trading sessions, the pair has been hovering around the 1.2700 level, exhibiting both...
Over the past two months, the GBP/USD currency pair has exhibited a dynamic and intriguing price trend, marked by significant fluctuations and key support and resistance levels. As the week draws to a close, it appears that the price is making a...
The USDCHF pair, currently in a bullish trend, seems unable to continue its rally towards the resistance level (R1) of 0.9174. Instead, the price has decreased and reached the support level (S1) of 0.9095. If the price cannot rise past the pivot...