The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Wednesday, extending its losing streak to four consecutive days. This decline is primarily attributed to two key factors. The Australian Wage Price Index (WPI)...
Bitcoin (BTC) has been trading in a volatile pattern as observed in the H1 (1-hour) chart provided. The price action shows fluctuations between support and resistance zones, coupled with key technical indicators that suggest potential upcoming...
Crude oil prices have been trading below the pivot point of 71.00 since the start of the week. The prices have also been below the two moving average lines, but without a death cross signal. The trend has shifted to bearish, with the price...
Engulfing Candle Chart Pattern The Engulfing Candle is a popular chart pattern used in technical analysis, particularly by Forex and stock traders. It signals potential reversals in market trends and is formed by two consecutive candlesticks. Types...
USD/CHF Technical Analysis: Current Trend: USD/CHF is consolidating near 0.8900, showing a pause after recent price movements. Support Levels: I’m watching 0.8850 as a key support level from recent lows. Resistance Levels: Immediate resistance...
