GBP / CAD: My Trading Suggestions My recommendation about GBPCAD is that investors should go in the downward direction. The market hit the 1.8400 level yesterday, reaching a significant resistance point. After such a move, it is typical for the...
As I mentioned yesterday, once the price movement approached the resistance zone around 0.5996, it was likely that a retracement would occur from that level. This expectation proved correct as the price gradually started to decline after reaching...
The retail income records, launched using the Office for National Records every month, measure the volume of income from goods via stores in Great Britain to give up customers. Changes in retail sales are widely followed as a trademark of consumer...
EUR/USD: Simple business tips for beginner traders 25 April. Review yesterday's Forex stores Analysis of shops and business tips for euro The first price level of 1.1372 in the second half of the day occurred when the MacD indicator has moved far...
When trading Forex, reading candlestick patterns can give powerful clues about market direction. One of the most useful patterns for spotting potential reversals is the Shooting Star pattern. It’s simple to recognize and can be an effective signal...
