AUD/USD is currently stuck in sideways channel movement, having today had a surging bullish push to retest the previous resistance zone of 74400. We now see a candlestick formation, giving a grate short trading opportunity on this pair. Lets see how this pans out!
DOJI has formed at the key resistance at 110.95 - 111.05. A possible bearish fall off that level.
hello a doji candle stick pattern has formed here on the #storm daily chart which i have marked as the first indicator for the trend reversal. secondly, the slow stochastic oscillator shows #storm has been oversold with a crossover confirmation (k%/d%) indicating a pattern reversal; the second confirmation. Let's see how this plays out given #btc however...
Possible further decline due to the evening doji star setup and the MACD cross. Could be affected by Trump - Lockheed Martin related news.
During a downtrend, the market strengthens the bears with a long black candlestick and gaps open on the second one. However, the second candlestick trades within a small range and closes at or near its open. This scenario generally shows the potential for a rally, as many positions have been changed. Confirmation of the trend reversal would be a higher open on the...
Harvey had hit the United States hard, causing serious damage. Now Irma stands almost on the doorstep and could put another one on it. But if Irma Florida should still miss, the damage should not be as high as currently expected in many places. HD increased strongly and opened an up gap after another. But the momentum and dynamic have been weakening and a nice...