NZD-USD MULTIPLE TIME FRAME The NZDUSD pair on a daily basis is still stuck below a very significant resistance, because the current price has not been able to penetrate the Blue EMA50, Purple EMA100 and Red EMA200 lines, so the but option is still...
Bitcoin's Current Market Dynamics: Bullish or Bearish? Bitcoin's recent movements have been quite volatile, adding to the uncertainty in the market. Yesterday, Bitcoin surged to the $57,800 level before retracing to test the $59,900 resistance. This...
The formation of a bearish engulfing candle further confirms the dominance of sellers, as it indicates a strong push to drive the price deeper into bearish territory. However, there are signs that buyers are attempting to initiate a corrective...
EURUSD H4 Analysis Market Overview The EURUSD pair is currently exhibiting a strong bullish trend on the H4 timeframe. Price action has formed higher highs and higher lows, indicating a sustained upward momentum. Key Levels Immediate Support: The...
What is a Stalled Candlestick Pattern? A stalled candlestick pattern is a candlestick chart pattern that indicates a likely reversal of the current bullish trend. The stalled candlestick pattern occurs at the time when the securities market is...