The provided NZD/USD H4 chart reveals a prolonged downtrend, characterized by lower highs and lower lows, confirming sustained bearish pressure. The moving average (red line) appears to be a 50-period or 100-period simple moving average (SMA), which...
Definition and Implications Bullish momentum refers to a situation where prices in the market are moving upwards, indicating a strong buying pressure. When bullish momentum is present, it suggests that buyers are dominating the market, leading to a...
Technical analysis 23 February 2025 AUD/USD H-1 Hello. AUDUSD in general fell quite well and even a little unexpectedly on Friday. While the majors did not show such a big activity, here for some reason they got a confident descent with a large...
Bullish and Bearish Rectangle Chart Patterns Bullish and bearish rectangle patterns are continuation patterns in technical analysis that indicate a period of consolidation before the price continues in its original direction. These patterns occur...
T E C H N I C A L _ A N A L Y S I S C L / CRUDE OIL Welcome to all forum users. I'll be talking about the Crude oil market price behavior in my essay today. The USD is currently trading at 106.64, according to the dollar index. Crude oil is trading...
