EUR/USD Technical Analysis Now that the price is trading above the weekly pivot of 1.0820 and the lower channel lines, it is trading in a support area. For the pair, we have an ascending pattern where the price begins trading within price channels...
The Hanging Man pattern is a candlestick pattern used in trading to predict price movements. It's called a "hanging man" because the candlestick looks like a person hanging from a rope. This pattern forms when a small body (the "head") is suspended...
Bitcoin Possible Short Position: In the daily timeframe, the currency pair is showing a consistent pattern of lower peaks and valleys. Yesterday, the market opened at the 64695.46 level, reaching a high of 65612.63 and a low of 62054.80 during the...
EUR/USD H-4 Hello, Russian-Botvinnik and ales-! EUR/USD. I have the chart as well, just arranged by day. The move to the north is because the triangle will move northwards, and so far I have only used this option in my forecasts. On Friday, they...
Analysis and Outlook for AUD/USD Current Market Sentiment: The AUD/USD pair is currently trading below its 20, 100, and 200-day simple moving averages, indicating a bearish sentiment. The daily Relative Strength Index (RSI) recently showed oversold...