THE CURRENCY PAIR GBP-USD That's a clever colleague, but we need to break through the falling channel for the pound and break the level of 1.31; last time we couldn't push 1.31 up and then fell on the ECB rate, respectively. If this time the pair...
AUD/USD H1 MARKET ANALYSIS. The price action of the AUD USD H1 pair that broke above the EMA 50 is still viable. In fact, the price has tested the SBR 0.6714 area and the SMA 200 as dynamic resistance several times. If the breakout is confirmed,...
Analysis of the AUDUSD pair in the H-4 time frame. Tonight there will be no economic data released, besides it will be the final day of trading this week, so there is potential for USD to move bullish again to continue the previous trend....
•West Texas Intermediate (WTI) crude oil fell over 1% during Monday’s Asian session, marking its second straight session of losses. This drop was largely driven by weak economic data from China. The Consumer Price Index (CPI) for September showed no...
T SHAPE CANDLESTICK PATTERNS T-Shape Candlestick Patterns *Introduction* T-Shape candlestick patterns are a type of chart pattern used in technical analysis to predict price movements. These patterns form when a candlestick has a small body and long...