The recent sharp reversal in the GBP/USD market has caught my attention, leading me to believe that there's no current reason to re-establish the previously discussed channel. I think the four-hour channel will continue to operate within the same...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hi, dear forum fellows I hope you are fine and enjoying your trading activities. The AUD/USD is trading at 0.6197 at the time of writing. This chart continues to show signs of weakness further as the...
Diamond Chart Pattern The Diamond Chart Pattern is a technical analysis formation that signals potential trend reversals in financial markets. It is relatively rare and forms when price movements create a diamond-like shape on a chart. Formation of...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good Morning, I hope that my staff members and administrators are doing well. Let's attempt to assess the USD/JPY market right now. I'm hoping it will be helpful for you. The USD/JPY price is 149.10...
PAIR REVIEW NZDUSD Hello! It turns out that NZD/USD is declining. But there is a constant northern correction. What is happening according to the daily chart readings using the wave technique: - MA100 is trending downwards at a ten-degree trend...