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NZD/USD features a double top, and with favorable conditions

NZD/USD is a currency pair overlooked by technical and fundamental traders alike, but it certainly features interesting patterns, including technical ones. There is a reason why it appears on the list of most predictable currency pairs. 0.7050 was first approached in mid April: the pair advanced gradually to this line and then began a slow retreat. […]

The post NZD/USD features a double top, and with favorable conditions appeared first on Forex Crunch.

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Marubozu candlestick in Technical Analysis

The Marubozu candlestick – Explanation You are probably familiar with Japanese candles and their role in technical analysis. If not, the first thing you need to know is that Japanese candles are commonly used by Forex traders and help them in recognizing price trends and finding good trading opportunities. Today I would like to introduce […]

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