Zigzag Chart Pattern A Zigzag Chart Pattern is a technical analysis pattern used in financial markets to identify price movements that follow a sharp up-and-down sequence. It is often seen in trends where price corrections or retracements occur...
Forecast of Crude Oil The buyers seem stronger on the lower time frame chart because the final candle is a bullish pin bar, while the second last candle is a robust bullish engulfing before the trading market closes. The price of Crude Oil closed at...
Hammer Candlestick Chart Pattern The Hammer candlestick pattern is a key bullish reversal pattern that appears after a downtrend. It signals a potential change in momentum from selling pressure to buying interest. Traders and investors use this...
NZDUSD Daily Time Chart Analysis The NZDUSD currency pair concluded the trading session on January 31, 2025, at 0.5636, indicating a recent downward trend in its price. A comprehensive technical analysis of the pair reveals several key insights that...
USDJPY Daily Time Chart Analysis On January 31, 2025, the USD/JPY pair showed a modest uptrend, closing at 155.19. Participants sent various signals. The 50-week moving average and the 200-week moving average are currently trending sideways,...
