•••Bullish Engulfing: The Market’s Silent Turnaround Signal••• For traders who know how to read between the lines of a candlestick chart, few patterns offer as much insight as the Bullish Engulfing. It’s a quiet, two-candle formation that can signal...
Crude Oil Price Assessment The Crude Oil price behavior analysis is a topic for discussion. The Crude Oil H4 chart presents a clear bearish trend following a recent peak near the 73.46 resistance level. After failing to break through this point, the...
Today, we will analyze the price performance of the AUD/USD currency pair. Expectations are leaning toward further strengthening of the US dollar, primarily because there doesn’t seem to be any immediate possibility of the Federal Reserve suddenly...
Technical Analysis of EUR/USD The Euro continued its modest decline last week, falling to 1.0926. However, a serious barrier has emerged at this level, preventing further declines and making it fluctuate around this level. It does not allow reaching...
On the NZD/USD H4 time frame chart, the currency pair has been exhibiting noticeable bearish movements over the past few sessions, forming a distinct downward trend. The price action has been characterized by the formation of lower highs and lower...