A lot of traders base their analysis solely on chart and candlestick patterns – no indicators. These strategies are easy and useful, especially for beginner traders, - let's check them out.
Tag - technical analysis
The NFP brought good figures last Thursday, but the spike of infections in the US keeps suppressing the risky momentum.
This Thursday, S&P clings to the upside again. Is it a bullish shift finally?
NZD/CAD rose above the key resistance of 0.88. What lies above?
Nasdaq may reach new highs soon. Get ready with us!
If the pair crosses this level, it will surge further, otherwise – reverse. Check it out.
Does the British pound have anything to say against the USD?
Do we have to worry about the recovery of the S&P? The article gives a suggestion on it.
Investors are still indecisive between the second wave virus fears and smoother recovery hopes, so we have unsure shaky risk-on spots at a generally mixed market background.
USD/MXN and USD/TRY seem to be gathering powers before a new push. Where it is going to aim?
If NZD/CAD keeps the inner logic of movement it has been on since the beginning of May, we are going to see a shift very soon. What will it be?
Is the uptrend over for the S&P? No - in fact, just confirming the projections. Check it out.