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...
In the past month, the NZD/USD currency pair has shown significant bearish tendencies, with sellers making a concerted effort to dominate the market. The price has been pushed down to the 0.6094 area, which marks a notable shift from the preceding...
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 NZD/USD currency pair has experienced significant volatility in recent trading sessions, reflecting a tumultuous market environment. The week began with a notable upward movement on Wednesday, creating a sense of optimism among traders and...
The economic calendar is packed with news concerning the US dollar, yet it seems unlikely that this will significantly impact the NZD/USD chart activity. Observing the market over a four-hour period, it is evident that there is a confident movement...