Harami Candlestick Chart Pattern The Harami Candlestick Chart Pattern is a common reversal pattern used in technical analysis to identify potential changes in market trends. The word "Harami" is derived from the Japanese word meaning "pregnant,"...
USD/CHF Technical Analysis: As of January 16, 2025, I see that the USD/CHF pair is trading at approximately 0.9164, with a slight increase of 0.0047 (+0.00%) from the previous close. The pair is holding above the key support level of 0.9159, and...
NZD/USD Price Movement Update This chart depicts the performance of the NZD/USD currency pair on the hourly (H1) time frame. The price action is mostly bearish, as indicated by the consistent formation of lower highs and lower lows over the past...
The GBP/USD currency pair experienced a decline on Thursday, trading around 1.2220 in Asian markets. This downward movement followed two days of gains and was primarily attributed to the release of lower-than-expected UK inflation data. The...
•••AUD/USD: Today’s Market Pulse(January 16,2025)••• ••Global Influences on AUD/USD • The Australian Dollar (AUD) is facing a tough battle against the US Dollar (USD) today, trading near 0.6215 (Buy) and 0.6212 (Sell). It’s a classic case of a...