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 indecisive, indicating a balance between buyers and sellers. It is called a...
At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
The EUR/USD currency pair, currently trading at 1.0704, is exhibiting a bearish trend. This movement indicates that the Euro is weakening against the U.S. Dollar, reflecting various economic, political, and market factors. Despite the slow current...
Technical Analysis of Australian dollar/US dollar Last trading week, the Australian dollar traded in a previously restricted range, failing to break out of it. The price initially fell to the 0.6573 level, but having encountered significant...
Gold prices fluctuated within a narrow bearish range and stabilized near $2,315 per ounce, awaiting reactions to key US data and events. Recently, gold prices have fallen sharply due to higher-than-expected US job growth and a slowdown in the pace...