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Chart Patterns in Forex Trading Introduction Chart patterns are foundational tools in forex trading, providing insights into potential market movements by analyzing historical price data. These patterns form the backbone of technical analysis,...
Technical Analysis of New Zealand Dollar/ US Dollar Last trading week, the New Zealand dollar managed to extend its upside after forming strong support at 0.6082, bouncing off that level before hitting another extreme around 0.6198. This allows him...
When the USD/JPY pair rose, the most important thing that buyers could do was not to miss the blow from the sellers, although if we look at the chart from an hour to four hours, there was a visible level of 155.300, where for almost the entire week,...