Fundamental Analysis Tuesday saw the GBP/USD pair attempt a new multi-year high before falling into a 29-month top of 1.3266 as the pound sterling continued to benefit from a widespread selloff in the greenback. Because the US Personal Consumption...
NZD-USD PAIR MOVEMENT This NZDUSD pair on the H4 basis has made a very strong bearish engulfing signal, in addition there is a bearish Three Drive signal that has been formed, so that from these two combinations alone it has produced a valid and...
What is shooting star candlestick pattern in forex trading. A shooting star in trading is a bearish candlestick pattern that can signify a potential reversal of an uptrend. It consists of a single candlestick with the following characteristics: A...
The global crude oil market continues to navigate a complex landscape, characterized by competing economic factors, geopolitical tensions, and evolving consumer preferences. West Texas Intermediate (WTI) crude, the US benchmark, has recently...
What is an on neck pattern in forex trading. The on neck pattern occurs when a long real bodied down candle is followed by a smaller real bodied up candle that gaps down on the open but then closes near the prior candle's close. The pattern is...