GOLD On the hourly chart, the price was inside the ascending channel from which there was a downward exit and the pair began to move downwards. Now build a descending channel and now I expect that the pair will continue to move downwards to the...
EUR/USD M5 chart Our main point of discussion will be the EUR/USD currency pair's price action analysis. I view this movement as a final attempt to generate growth, although the order book demonstrates volumes remaining steady at the 1.1186 level,...
EUR/USD D1 chart The According to the D1 timeframe of the EUR/USD, we can see that price is currently trading below the daily resistance level of 1.12001. Today, there is such a decisive moment for the EUR/USD pair; at the moment, the price is at...
The USD/JPY pair has been trading within a tight range during the Asian session, remaining close to yesterday's closing levels. The yen weakened against the dollar on Monday. This move in the pair is due to expectations for the upcoming Federal...
What is channel chart pattern in forex trading. are one of the most versatile tools in your Forex trading toolbox. One of the most popular chart patterns is a channel pattern. Channels can be used to trade with the trend or to help you get in on ...