Counterattack Candlestick Chart Pattern The Counterattack Candlestick Pattern is a two-candlestick reversal pattern that signals a potential change in trend direction. It occurs in both bullish and bearish variations and is typically found in...
Market Fundamentals: The release of weaker-than-expected Chinese economic data early in the day has contributed to a subdued market sentiment. The PMI was confirmed at 50.5, falling short of both the previous reading of 51.7 and market expectations....
The recent and pronounced decline in the GBP/NZD (British Pound to New Zealand Dollar) exchange rate raises important questions about the sustainability of the currently observed bullish trend. Traders and analysts are closely monitoring the...
I am observing the USD/CHF pair with heightened attention as it navigates critical technical junctures. On the weekly timeframe, I recall the recent price action where the pair rallied strongly toward the 200-period moving average (100 MA), a level...
EUR/USD On Friday, the bears on the EURUSD pair were able to draw a black candle on the daily period, lowering the price to the beginning of the 1.03 figure. They closed the day below EMA9, while leaving it in the range of the previous week. After...
