What Is a Symmetrical Triangle Pattern? A symmetrical triangle also known as a coil is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should converge with opposite...
GBP-USD D1 ANALYSIS CHART Alexander, good morning. The GBPUSD currency pair began a new growth phase last week, which, as I wrote over the weekend, will remove sellers' stops, which will be placed behind the 1.3300 platform, making this the first...
USD/JPY Price Forecast In the chart below, we can see the USD/ JPY exchange rate. When looking for trades, I always recommend looking at hourly charts aligned with the trend of the major timeframes. In the present day in Asia, the inflation report...
USD-CAD PAIR FORECAST The current price movement is in a sideways condition, there is no strong indication that can be used as a guideline for where the next price movement will go, here there are two possibilities that the price will move down...
AUD/USD Greetings and Good Morning to All Visitors! Fortunately, the market of AUD/USD crossed the 0.6700 zone on Friday, signaling a positive shift for buyers who have been struggling to hold their ground after losing value for many months. This...