Doji candlestick chart pattern in forex trading. A doji (dо̄ji) is a name for a trading session in which a security has open and close levels that are virtually equal, as represented by a candle shape on a chart. Based on this shape, attempt to...
The Fundamental Outlook of USD/JPY The USD/JPY pair was trading below the crucial 150.35 mark late in Thursday's Asian session. The pair is still losing ground as the dollar is diminished by dovish drills in anticipated Federal Reserve action. The...
GBP/USD Technical Analysis and Trading Recommendations Current Market Condition The GBP/USD pair is exhibiting a clear downward trend on the H4 timeframe. This is confirmed by the crossover of the Gann SSL indicator above the Scalper MA indicator,...
AUD/USD ANALYSIS I see that here on the Australian dollar bear pair, 3 daily candles have been testing the support level of 0.6490, but none of them have gone further to the south. I have long ago decided that I will not buy this currency pair...
The GBP/USD currency pairing has been on a steady downward trend for the past three weeks, trading near 1.2730 during early Asian market hours on Friday. This persistent negative movement coincides with a weaker US Dollar Index, which has dropped...