EURCHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 0.9465. If the price will continue the downward rally in accordance with the bearish trend, it needs to pass the pivot...
The Eur/Chf pair had fallen to a 2.5-year low at 0.9300 but remained above the support line of a nearly year-old descending channel, boosting hopes for a potential recovery. Caution was advised as the RSI and Stochastics had yet to bottom in...
Soothsaying and assaying the instrument/ currency brace using Heikin Ashi candlesticks and TMA and RSI pointers shows that at the moment there's an occasion to make a trading plan in the direction of purchases. Heikin Ashi candlesticks, which...
Shaved Candlestick Chart Pattern The Shaved Candlestick pattern is a candlestick chart pattern used in technical analysis, mainly in the forex, stock, and crypto markets. It is characterized by the lack of either an upper or lower wick (shadow),...
The EUR/ GBP brace endured a decline, falling to the bottom of itsmulti-month range at 0.8380. This downcast movement followed a former uptrend on Thursday, October 3, driven by commentary from Bank of England Governor Andrew Bailey. The brace's...