AUD/USD MARKET ANALYSIS SEPTEMBER 13, 2024 From the structure of the characteristics of the candlestick movement that occurs in the AUDUSD currency pair using a chart on the daily timeframe, it can be seen that the price movement last night was...
Morning Star Candlestick Chart Pattern The Morning Star candlestick pattern is a bullish reversal pattern that signals a potential change in trend from down to up. It typically forms at the bottom of a downtrend and consists of three candles:...
EUR/GBP PAIR REVIEW From the first glance, we can see that EUR/GBP is in a long-term downtrend. This can be seen from the price position which is below the 200 daily moving average (blue line) which is usually considered as a long-term trend...
Looking at the EUR/USD 4-hour chart, the current price action hovers around 1.10832, showing some recovery after a period of downward pressure. A fair value gap (FVG) is visible near the current price, which may act as a zone of liquidity imbalance,...
Technical Analysis of New Zealand Dollar/US Dollar NZD just reached a high below 0.6303 last trading week and started to correct down. The price met resistance at 0.6303 and started a sharp decline, reaching the signal level of 0.6198, where it...