What are Pennant Patterns? Pennant Pattern is a continuation pattern formed by large currency pair price movements that help identify the direction in which currency pairs are headed. The pattern resembles the shape of a flag, which denotes a...
Important Points of USDJPY: The US dollar is moving quite well, which is causing the USD/JPY market to rise. However, this could also be a temporary concept, and the market's direction can change due to new data. Hence, I hope that in the coming...
The AUD/USD currency pair's price has decreased, but it is approaching a crucial support level at 0.6700, which seems reluctant to break. If the price unexpectedly rises towards the 0.6755 accumulation zone and then falls below the current low,...
The price traded weaker around 1.0810 during Thursday’s Asian session, reflecting pressure from a broadly softer US Dollar. Traders are closely watching upcoming events, including speeches from several US Federal Reserve (Fed) officials, such as Fed...
Technical Analysis of Gold Well let's take a look at this previous analysis in which I talked about the target of the rise on the daily chart and also the trend of the rise on the 4-hour chart You can view it from this link The analysis of the...