In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
EUR/GBP (Euro/British Pound Rate) The EURGBP pair that is moving down has entered its third week and there is no signal that the price will move up. If we look at the ongoing downward rally, it seems that it can only be corrected upwards around...
Navigating the Waves: EUR/USD Prices The EUR/USD currency pair's price behavior analysis is a topic for discussion. Based on technical analysis, the EUR/USD pair is in a downward trend, with the price ending the week at its lowest point. The price...
Silver Price Directions The current topic of discussion is the analysis of the Silver price behavior. Friday's news likely triggered the silver drop. The price dipped below the Moving Average (MA) pair on the daily chart, hovering around...
The term "Forex Bear Indicator" is not associated with a specific technical indicator. However, it generally refers to indicators or patterns that signal a bearish trend in the forex market. These indicators help traders identify potential downward...