The price action of a Bullish Harami candlestick pattern involves a specific sequence that signals a potential reversal from a bearish trend to a bullish trend. Here's how the price action unfolds: 1. Downtrend Presence: The market is in a...
The appearance of the Simple Moving Average 150 and Simple Moving Average 60 indicators which are pointing upwards, it is possible that this condition will continue until the end of the week tomorrow if buyers are able to consistently maintain their...
Reading the USD/CHF Prices Let's delve into the current price behavior analysis of the USD/CHF currency pair. Last week, buyers succeeded in forming a modest yet bullish candle on the chart, which, notably, has a pronounced lower shadow. This shadow...
USD/ CAD Price Forcast: Still too early to say a reversal of the downtrend is unfolding. USD/CAD is showing some bullish reversal insignia but it is still too soon to be confident that bulls are back in the driving seat. The risks, therefore,...
AUD/ USD Price Study We are currently engaged in the study of the AUD/ USD currency pair's pricing movement analysis. On Friday, the pair experienced selling pressure. Reviewing the daily chart, I observe a sideways trend over several days. The...