The EURUSD had successfully emerged from consolidation phase. This was evident when the candlestick successfully broke through and moved steadily below the 1.1800 support level. After this level was broken, selling pressure immediately increased...
USD/JPY Analysis Having touched about 157.817 during the session, the USD/JPY exchange rate was last listed at 157.699 on Tuesday (March 3) and is still on the rise. On the same day, Japanese government bond yields rose across the board. The...
Definition of Flag Candlestick Pattern The Flag Candlestick Pattern is one of the most powerful continuation patterns in Forex trading that appears after a strong price movement and signals that the market is likely to continue in the same...
XAU/USD Chart Analysis XAU/USD is showing a strong bullish structure following a prolonged period of consolidation and recovery from the late-January selloff. After printing a sharp impulsive decline toward the 4500–4600 region, price formed a base...
TECHNICAL ANALYSIS OF EUR GBP PAIR. On the H1 timeframe, EUR/GBP is currently trading around 0.8716 after a volatile pullback from the recent swing high near 0.8780, and the overall structure still reflects a medium-term bullish recovery phase...
