What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
EUR/JPY Hello colleagues. On the daily chart of the pair, the movement has been going sideways lately. Today, there is also movement within the sideways at this time. I wonder how the pair will move further, will the sideways movement continue or...
NZD/JPY is currently positioned at a crucial juncture where the price action is closely tied to key technical levels that will determine the near-term direction of the pair. The identified pivot point at 86.27 serves as a significant threshold, and...
Federal Reserve Bank: rates will remain unchanged in the near future The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic, believe that given the uncertainty in the US economy and politics, there should be no...
