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...
GBPUSD Technical Outlook Hello, everyone! Good evening. If we approach this level with declining or below-average volumes, there’s a chance for an unexpected move, as illustrated in my scenario. Specifically, the price could suddenly spike upward,...
General Points about AUDJPY: Today, the AUD/JPY market shows strong momentum from buyers, indicating the pair may be in the early stages of an upward movement. Technically speaking, the market seems set to rise after having dropped significantly in...
USD/JPY Technical Analysis: Bearish Momentum and Key Levels Overview The USD/JPY currency pair has demonstrated a strong bearish move recently, breaking through a significant support level at 153.74, which has now turned into resistance. As the...
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