BIG RESISTANCE AT FOREX MARKET _Big Resistance at Forex Market: Understanding and Trading_ _Introduction_ Big resistance levels are critical price zones that act as barriers to further price movement in the Forex market. Understanding and trading...
WHAT IS A TWEEZER CANDLESTICK PATTERN _What is a Tweezer Candlestick Pattern?_ The Tweezer candlestick pattern is a technical analysis tool used to identify potential reversals in financial markets. It consists of two candles with identical or...
The 50% Fibonacci retracement level is a widely used but technically unofficial Fibonacci level in trading. While the official Fibonacci retracement levels are derived from the Fibonacci sequence (23.6%, 38.2%, 61.8%, 78.6%, etc.), the 50% level is...
Bitcoin (BTC) has been trading in a narrow range of around $63,100 for the past week, despite increasing transfer volumes and panic selling from smaller investors. This selling pressure has driven the average daily trading transfer volume up from...
EUR/USD technical analysis Currently, EURUSD is trading at 1.0935. Since the morning, the price has shown a joyous sluggish moment, and we tested the daily SMA-50 at 1.0955. Prices are moving downward as the SMAs of 150, 200, and 50 fail, but buyers...
