The Baby Swallow pattern, also known as the Bullish Engulfing pattern, is an important candlestick indicator of the potential to turn from a downtrend to an uptrend in the forex market Here is a brief guide to recognizing and following this...
Current Developments in GBP/ USD Prices Our conversation will centre on analysing the GBP/ USD currency pair's price action. The pair moved sideways all week on the daily chart and has been bullish for the past two days. Let's see what Monday...
USD/CHF Price Direction Our current focus is evaluating the price action of the USD/CHF currency pair. USD/CHF concluded this week's trading yesterday by forming a pin bar on the daily time frame. This pattern emerged from a false breakout of the...
NZD/USD analysis: The NZD/USD currency pair is in a bullish trend, with a key resistance level set between 0.6153 and 0.6200. Market analysts are currently looking at the next price target for buyers at the untested resistance level of 0.6182. If...
Shezuka trading discussion The central bank has kept rates at 4.35% for seven consecutive sessions but has warned that they may raise rates if inflation does not ease. While the slight decrease in core CPI is good news, it may not be enough to halt...