Morning Star Chart Pattern The Morning Star is a bullish reversal candlestick pattern that typically appears at the bottom of a downtrend, signaling a potential upward reversal. It consists of three candles: First Candle (Bearish) – A long red...
The NZD/JPY pair is currently enjoying a period of technical strength that is clearly reflected in the bullish setup anchored by the pivotal support level at 86.15. Trading above the 20-period and 50-period moving averages—at 86.38 and 86.40...
EUR/USD After yesterday's movements, the picture for EURUSD really remains not entirely clear, but since on m30 sellers are holding quotes for this instrument within the downward impulse, they retain a slight advantage. The main resistance for the...
Morning Star Candlestick Chart Pattern The Morning Star is a bullish candlestick pattern that signals a potential reversal from a downtrend to an uptrend. It typically forms at the bottom of a downtrend and consists of three candles: Structure of...
USD/CHF Market Outlook Good Morning, Traders! As we start the trading day, the focus is firmly on the impending release of the US Core PCE Price Index and Employment Rate. These economic indicators are pivotal, as they will significantly influence...
