AUDCHF Market Reversal and Correction Process Targeting the 0.5700 Support Level The AUDCHF market is poised to complete a reversal and correction phase, presenting an opportunity for investors to set their target near the 0.5700 support level. This...
Stick Sandwich Candlestick Chart Pattern The Stick Sandwich Candlestick Pattern is a relatively rare but significant candlestick chart pattern used in technical analysis, particularly in the stock and forex markets. It is a reversal pattern that...
GBP/USDound Rises as Economic Data Shifts Market Sentiment(February 21,2025) Inflation Surprise Fuels Expectations One of the key drivers behind the Pound’s recent strength is the surprising inflation data for January. The Consumer Price Index...
The Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI) are two popular technical indicators used by traders to identify potential trends and reversals in financial markets. Currently, the Parabolic SAR and RSI indicate that the...
Flat Wave In forex trading, a Flat Wave is a corrective price pattern that occurs within the Elliott Wave Theory. It typically forms after an impulsive wave and represents a period of consolidation before the next impulsive move. How to Trade a...