Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a widely recognized candlestick pattern used in technical analysis. It signals a potential reversal in the market trend, typically indicating that a downtrend may be coming to...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good morning trading friends, greetings to all of us. On this occasion, I will try to discuss the mandatory major pair, as usual, namely USD/CAD. USD/CAD is trading at 1.4405 at the time of writing....
TRADING CHART ON GBP USD H4. The GBP/USD pair rose again in the previous market session, with the price returning to the sell order block area (1.2342 - 1.2362). However, the bullish momentum stopped after reaching this level. Today, the price...
GBP/USD price forecast GBP/USD climbed one and a third percent on Monday. Markets are selling off the Greenback after President Donald Trump caved on day-one tariffs. Pound Sterling traders await UK labor and employment figures early Tuesday....
The term "Anchored Momentum" refers to a concept in technical analysis that measures price momentum relative to a specific starting point or "anchor." It is not as widely known as traditional momentum indicators like RSI or MACD but is useful for...