The NZDUSD currency pair formed a bullish engulfing pattern on the H4 time frame yesterday, which is generally considered a strong bullish signal. However, it is crucial to note that no confirmation candle has appeared following this pattern,...
Technical analysis of USDCAD Technical analysis, Choose USD/CAD today. Currently, the market price is rising, but the trendline carrying it is being broken. After the trend line is broken, the market price will fall below it. On the trend line, the...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello, how are you, invest social mt5 forum traders? The GBP/USD price chart indicates that GBP/USD opened today at 1.2470. Presently the price of GBP/USD is floating around the zone of $1.2461. Now,...
Current Market Overview The USD/CAD pair has successfully filled its recent gap and is showing bullish momentum after bouncing off a bearish trend line. As the price approaches a key resistance zone, it marks an important level for potential...
On-Neck Chart Pattern The On-Neck Chart Pattern is a candlestick pattern used in technical analysis to predict potential market trends. It generally occurs in a downtrend and signals possible continuation of the bearish movement. Here's how the...
