Diamond Chart Pattern The Diamond Chart Pattern is a technical analysis formation that signals potential trend reversals in financial markets. It is relatively rare and forms when price movements create a diamond-like shape on a chart. Formation of...
As China is a major trading partner for New Zealand, the announcement that China will offer financial aid to people struggling with the cost of living and additional benefits to some unemployed individuals could help limit the NZD’s losses. On the...
USDJPY Daily Analysis USD/JPY is showing a significant correction and is currently trading at 149.54 and trying to regain the upper level. With the Non-Farm Payrolls report due at 13:30 GMT on Friday, investors are expecting changes, especially as...
EURUSD UPDATE, MARCH 04, 2025 EURUSD experienced a fairly high increase to a price of 1.0504,I predicted that EURUSD would rise and I made a profit on this currency pair. The thing that caused EURUSD to rise was market optimism regarding the...
The current market scenario indicates a downward trend, as suggested by the Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI). Both indicators are used by traders to analyze price movements and identify potential reversal...
