Red Candlestick Chart Pattern The Red Candlestick Chart Pattern refers to the visual representation of a price action in candlestick charts, where a candlestick is colored red to indicate a price decline during the chosen time period. These patterns...
Gold price Gold price attracts buyers for the fourth consecutive day and climbs to over a one-week high. Geopolitical risks stemming from the Russia-Ukraine conflict benefit the safe-haven XAU/USD. Elevated US bond yields underpin the US Dollar and...
Morning Star Candlestick Chart Pattern The Morning Star candlestick chart pattern is a bullish reversal pattern commonly observed in technical analysis. It typically forms at the end of a downtrend and indicates the potential start of an upward...
USD/JPY Technical Analysis: The USD/JPY pair is holding steady around the 149.50 mark, staying just below the key 150.00 resistance level. If the pair breaks above this, we could see a rally towards 150.40 or higher. On the flip side, 149.00 is...
Evening Star Chart Pattern The Evening Star is a bearish candlestick pattern often observed in financial charts, such as those used in stock or forex trading. It typically signals a potential reversal from an uptrend to a downtrend, making it an...
