Thrusting Chart Pattern The Thrusting Pattern is a type of continuation candlestick pattern that appears in technical analysis of financial markets. It signals that the current trend (usually bearish) is likely to continue. Here’s a breakdown of...
AUD/USD As of today, AUD/USD is showing some volatility, with both technical indicators and fundamental factors influencing its movement. Technical Analysis: Right now, AUD/USD is hovering around the 0.6350 level, a key support zone that’s been...
The USD/CAD H1 chart exhibits a notable price movement pattern, transitioning from a period of low volatility to a sharp price spike followed by an equally fast retracement. Initially, the price moved within a tight range, indicating a phase of...
NZD/USD Price Forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher and trades around 106.50 at the time of writing on Wednesday after not breaking any pots or...
Bearish Belt Hold Chart Pattern The Bearish Belt Hold is a single-candlestick pattern in technical analysis that suggests a potential reversal from an uptrend to a downtrend. It is considered a type of Marubozu candle and falls under the category...
