I trade this pattern very actively with HFM and it consists of two candles: the first is a strong bearish (red) candle, and the second is a bullish (green) candle that opens below the previous close but closes at the same level as the previous...
I still hold a bearish outlook for the EUR/USD pair, as the sell signal for a decline only formed by the end of last week. I believe this signal has at least until the end of the current week to play out. My primary focus is on the support level at...
Hello. Buyers have started to actively meet sellers on the Euro, not allowing them to immediately go down to update the current minimum. On Friday, they were able to fix the price above the level of 1.05, and this morning they are trying to build...
EUR/JPY Price Action Outlook After the resistance at the price of 160.35 was successfully penetrated on Friday, EURJPY immediately continued its increase to 161.45. Previously, EURJPY had difficulty penetrating the resistance at the price of 160.35...
USD/CHF Technical Analysis Currently, USD/CHF is trading around 0.8805, and I’m noticing a slight bullish momentum building up. The key resistance at 0.8820 is firm, aligning with the 50-day moving average. If it breaks, I think the pair could...
