Trading Analysis Update Tuesday, 08 October 2024 USD/CAD Observing the USDCAD pair that moved up from low prices of 1.3471 to currently reaching high prices of 1.3646. It seems that it has not experienced a downward correction phase as a secondary...
Doji candlestick patterns Doji candlestick is a pattern I often look out for in trading. It forms when the opening and closing prices are nearly identical, showing that the market is indecisive. It can signal a potential trend reversal or a period...
A Tweezer Top pattern is a bearish reversal candlestick pattern that indicates a potential end to an uptrend. It typically forms after a rally and signals that the market is losing its bullish momentum, as buyers fail to push prices higher at the...
Analyzing Crude Oil Prices We are currently engaged in the ongoing study of the Crude Oil pricing movement analysis. I adhere to this development scenario today, with the prospect of chlorine reaching local resistance in the area of $78.71 by the...
USDCAD False breakout of 1.3670 has already been made and after it, the fall will continue further. Corrective growth may occur to the range of 1.3670 and after that, the fall will resume. In fact, this continues on the market for now. There are...