Technical analysis of the EURUSD pair 1-hour chart The price started trading today with an upward price gap that has not yet been closed Technically, the price begins trading in a resistance area at the upper line of the price channels Therefore,...
Overview of trading and tips on USD/JPY The price test of 160.76 in the second half of the day occurred when the MACD indicator started to rise from the zero mark, which confirmed the correct entry point to buy the dollar during the ongoing bull...
GBP/USD H4 Indeed, initially we saw an attempt by the buyer's army to push the price up at the beginning of last week, but it turned out that the price was unable to move higher. The trend in the GBPUSD currency pair in the middle of last week was...
What is a Hammer Candlestick Pattern? The Hammer Candlestick Pattern is a single candlestick pattern that indicates a potential reversal in the market. It is easily recognizable by its small body and long lower shadow, which is at least twice the...
The Euro (EUR) continued its rally against the Japanese Yen (JPY) for the fourth consecutive day, hovering around 173.30 during European trading on Monday. This upward momentum stemmed from positive reactions to the far-right's success in the first...