Analyzing Crude Oil Prices I am presently dissecting the dynamic pricing behaviour of Crude Oil. The upward slope of the linear regression channel on the M15 chart suggests that a strong buyer is dominating the market, exerting pressure on sellers....
Greetings, EURUSD traders. This week, there has been good news for the EUR currency and commodity dollars. Traders and investors are taking more risks, but how long will this risk-off vibe last? For clues, let's look at the technical aspect of the...
The USD/JPY currency pair has been experiencing a dynamic trading environment, characterized by fluctuations and profit-taking activities. Despite these minor pullbacks, the pair remains strategically positioned for potential new highs, particularly...
EUR/ USD Price Patterns Let's analyze the EUR/ USD currency pair's price activity and see what insights we can gather. The likelihood of a decline in the EUR/USD pair remains high. On the 4-hour chart, the pair is clearly in a downtrend, with the...
What Is an Evening Star? The evening star pattern is a three-candle pattern that technical analysts use to analyze stock price charts. It is a bearish signal and suggests a potential trend reversal from bullish to bearish. In other words, an evening...