On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
Euro/US Dollar Shows Signs of Potential Downturn The daily chart for the Euro against the US Dollar (EUR/USD) presents an interesting picture for traders to consider. As of the latest data, the pair is trading around the 1.13619 level, having...
Technically, AUDCAD has repeatedly failed to break and stay above the upper Bollinger Band, indicating fading bullish interest. Frequent rejections at key resistance areas, along with sustained closes below the 9-period moving average, emphasize the...
The USD/CHF pair demonstrated a recovery from losses experienced in the previous trading session, trading around the 0.8320 level during Friday's Asian trading hours. This upward movement in the US dollar was largely attributed to improved investor...
