Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a popular single-bar formation used in technical analysis, signaling potential bullish reversals in the market. It is widely used by traders to identify the end of a downtrend and a...
The Australian dollar initially saw a modest recovery during the trading week, but then saw a significant decline, reflecting continued volatility in the market. Currently, the currency is hovering around the 200-week EMA, which is a key technical...
Bitcoin Price Action Analysis: Key Levels and Potential Movements Bitcoin has exhibited significant volatility recently, fluctuating between highs near 62,500 and retracements to 61,650, which suggests growing bearish pressure. Despite this...
Soothsaying and assaying the instrument/ currency brace using Heikin Ashi candlesticks and TMA and RSI pointers shows that at the moment there's an occasion to make a trading plan in the direction of purchases. Heikin Ashi candlesticks, which...
The EUR/ GBP brace endured a decline, falling to the bottom of itsmulti-month range at 0.8380. This downcast movement followed a former uptrend on Thursday, October 3, driven by commentary from Bank of England Governor Andrew Bailey. The brace's...