Flat Wave In forex trading, a Flat Wave is a corrective price pattern that occurs within the Elliott Wave Theory. It typically forms after an impulsive wave and represents a period of consolidation before the next impulsive move. How to Trade a...
The USD/JPY H1 chart presents a clear downward trend, characterized by a series of lower highs and lower lows. The price action has been consistently trading below the middle Bollinger Band, indicating strong bearish momentum. The Bollinger Bands...
EUR/GBP Downward Trend Continues The EUR/GBP currency pair has experienced a continued decline, trading at approximately 0.8325 during European trading on Friday. This downward trend has persisted for two consecutive days. Strength of the Pound One...
From a technical standpoint, I observe that the EUR/USD pair has reached a price level that is still worth considering as an entry point. Let’s analyze the EUR/USD 1-hour time frame chart before diving into the details. Upon reviewing the chart, we...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello to all forum participants and visitors. I will compose an article today about the current price behavior of the USD/CAD market. USD/CAD is trading at 1.4169 at the time of writing. Today dollar...
