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...
NZD/USD Market Outlook Good Morning! Today, the ADP Non-Farm Employment rate can help the market sentiment of NZD/USD traders to cover their losses. Also, the market can drop sharply and cross the 0.5500 zone later. Also, the US Unemployment Rate...
Currency pair EURUSD - let’s consider the four-hour period of the chart today. This new trading week and month started with a sharp downward drop and an impressive price gap, which, however, traders have already closed. It is clear how the figure of...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
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