Shark harmonic pattern in forex trading. The Shark pattern is a harmonic pattern used to predict potential reversal points in the markets. It’s a relatively new pattern, discovered by Scott Carney in 2011, and is a variation of the more common...
Bitcoin Market Analysis: Will It Soar or Plummet? Bitcoin's volatility is on full display, with its price action showing both bullish and bearish signs. Yesterday, Bitcoin surged towards the 58,600 level before pulling back to test the 61,800 level,...
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major peers, extends its losing streak for the fifth successive session. The DXY trades around 102.60 during the Asian session on Thursday. The Greenback...
NZD/USD CURRENCY PAIR ANALYSIS 15 AUGUST 2024 The NZDUSD pair seems to have to stop its upward rally after reaching high prices of 0.6080. This is due to the RBNZ monetary policy which cut the interest rate from 5.50% to 5.25%. The very impulsive...
The asset under study is currently exhibiting a clear bullish sentiment, which can be effectively identified through the use of the Heiken Ashi candle indicator. Unlike traditional Japanese candlesticks, Heiken Ashi provides a smoother and more...