What is pin bar candlestick pattern in forex trading. The pin bar is a price action reversal pattern that shows that a certain level or price point in the market was rejected. The actual pin bar itself is a bar with a long upper or lower “tail”,...
GBP/CAD Market Analysis In this event, I will discuss the most important pair, particularly GBP/CAD. At the time of writing, GBP/CAD is trading at 1.7007. The preceding day’s price has contributed to the formation of a bearish candle, which...
USD/ CAD In our discussion, we are currently analysing the USD/ CAD currency pair's present pricing behaviour. Since the last technical analysis of the USDCAD currency pair, the overall outlook remains unchanged. A descending medium-term trend...
Analysis of the USDCAD pair in the H-4 time frame. Today is weakened again and several economic data released this week with negative results have made investors look back at CAD. Monitored using a 4-hour time frame, it was still visible until the...
AUD/ USD: Let's discuss how the AUD/ USD currency pair's price has been behaving and what analysis can be from it. The configuration of new candlesticks and signals from the RSI indicators for this currency pair suggests a likely bullish reversal....