Bearish and bulish engulfing Understanding Bearish and Bullish Engulfing Patterns When it comes to technical analysis in trading, candlestick patterns are vital tools used by traders to predict potential price movements. Among the many candlestick...
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THE CURRENCY PAIR GBP/USD Considering the prospects for the movement of a currency pair or instrument based on the readings of Heiken Ashi candles in combination with the signals of the TMA (triangular moving average) and RSI indicators, it can be...
GBP/USD ANALYSIS H4 Period Chart GBPUSD currency pair. Monday was strongly growing, the price is moving within the descending channel now at its upper border, the wave structure is still building its order downwards. The MACD indicator is currently...
EUR/USD Price Activity Recap We are analyzing the present state of the EUR/ USD currency pair's price behavior evaluation. On the 4-hour chart, the bears are maintaining their positions, and it seems they aren't ready to retreat just yet. The price...