GBP/USD technical analysis: 4-hour chart: If the market price is viewed on a 4-hour time frame and viewed according to the market structure, the market structure is currently selling and the market is also moving in a selling trend. Let's look at...
EUR/USD. Weekly Preview. PMI Indices, Fed's Verbal Signals, Lagarde's Interview Last week, the EUR/USD pair dipped into the 1.08 range for the first time since August. EUR/USD bears managed to drive the price down to the lower end of the 1.08 range...
What is a Thrusting Line Candlestick Pattern? A Thrusting Line candlestick pattern is one I've come across when studying bearish continuation signals, especially in downtrends. It's a two-day pattern that often hints at further selling pressure, as...
CRUDE OIL ANALYSIS After breaking the 200-day simple moving average of 70.25, the WTI skewed oil price traded sideways. If the Bulls break through this mark, the upside rebound could force them to swing into the 70.10 range. The high-impact news...
Technical Analysis AUD/USD H-1 chart There is no question that the pair should fall and there may be quite low targets, but if you turn on the logic, it is clear that you have to wait for a correction, at least 0.6760, some 60-70 points. . At least,...