EUR / USD; New Trading Day Recommendation The current chart pattern of EURUSD gives us a bearish scenario in which the price is at the 1.036 level. This, we have to make decisions wisely and I recommend a sell entry for short goals. A 20-pip target...
GOLD ANALYSIS D1 Period Chart Chart D1 - Trading instrument GOLD. Everything is the same here, gold is almost at the top of its historical readings, there was a relatively small downward correction. But it could not develop into a normal decline,...
In Forex trading, a classic triangle pattern refers to a type of chart pattern that forms when price action consolidates within converging trend lines to form a triangle shape. There are three main types of triangle patterns, each of which indicates...
GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
The current analysis of the GBP/USD pair has become increasingly complicated and uncertain. Previously, the wave pattern was clear, suggesting the formation of a bearish wave set targeting below the 1.2300 level. However, the growing demand for the...