A trader and investor faces a lot of positive and negative emotions most of the time. If you want to be a successful trader, greed is probably the biggest obstacle you will have to overcome. if you want to be successful in your trading and...
ENGULFING CANDLE *Introduction* The Engulfing Candle pattern is a powerful reversal indicator used in technical analysis. It consists of two candles, where the second candle completely engulfs the first, reversing the trend direction. This pattern...
PAIR REVIEW EURGBP EUR/GBP currency pair - let’s consider the D1 period chart today. The wave structure is building its order downwards. The MACD indicator is in the lower sales zone and below its signal line. From the very beginning of this...
Detailed Analysis of EUR/USD Currency Pair Behavior The US dollar obtained a solid boost on Friday because of a stable personal consumption report in line with forecasts of an increase of 3.55%. Consequently, this good economic index increased...
USD/CHF Technical Analysis: Current Trend: USD/CHF is consolidating near 0.8900, showing a pause after recent price movements. Support Levels: I’m watching 0.8850 as a key support level from recent lows. Resistance Levels: Immediate resistance...
