As I analyze the USD/JPY pair on the weekly timeframe, I observe that the past five-day trading period has been favorable for buyers. I note that the bullish momentum was not without its challenges, as the last candlestick, while having a bullish...
The trade in the morning of Friday saw the sweet crude oil (WTI) start a modest recovery after a challenging session. The market seems to be gathering from a standing support area by the Hammer Candlestick Training yesterday, which emerged near a...
15 February 2025 USD/CAD posts fresh two-week low near 1.4160 after dismal US Retail Sales data The Canadian Dollar gained another 0.15% against the Greenback on Friday. The Canadian Dollar (CAD) gained another leg up on the Greenback on Friday,...
The EUR/NZD currency pair has been demonstrating a persistent downtrend, with key technical indicators aligning to support the notion of further declines. The RSI has dipped below 30, a level often associated with oversold conditions, yet this does...
I observed that GBPUSD moved in the expected direction, following the impulse candle from February 11. I recall that the day closed with a bullish candle, and the close above 1/4 NKZ provided a clear buying opportunity between 1/4 NKZ and 1/2 NKZ. I...
