Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
EUR-USD PAIR REVIEW The movement of the EUR USD pair still tends to decline. The movement of this pair still tends to decline again if the price cannot reach the pivot point (1.0346). Still far from the daily Pivot point and even if it goes up I...
The EUR/JPY currency pair experienced a surge from around 161.00 overnight, but this upward momentum waned during the Asian session on Wednesday, attracting sellers. The pair subsequently declined, approaching the 162.00 level, and appears...
The EUR/GBP currency pair is currently exhibiting a downward trend, as evidenced by decreasing significant extremes and the price trading below the 120-period moving average, indicating stronger selling pressure. The zigzag indicator further...
Bearish Mat Hold Candlestick Chart Pattern The Bearish Mat Hold is a rare but powerful continuation candlestick pattern that signals the continuation of a downtrend. It typically appears in strong bearish markets and is used by traders to confirm...
