What is dragonfly doji candlestick pattern in forex trading Introduction Candlestick patterns are a cornerstone of technical analysis in Forex trading, offering traders a visual representation of price movements and market sentiment. Among these,...
GBP/USD Price Outlook Our conversation pertains to analyzing the GBP/USD currency pair's pricing behavior. This afternoon, the British pound (GBP) against the US dollar (USD) broke past the resistance level of 1.3111, updating its previous low. The...
Open your trade but first save the money" is a phrase that emphasizes the importance of financial prudence before engaging in risky ventures like trading. This sentiment is especially relevant in today's economic climate, where market volatility can...
The EUR/USD pair showed no desire to move on Thursday. Volatility barely exceeded 40 pips. And this was on the day of the European Central Bank meeting and Christine Lagarde's speech. And on the day when the ECB lowered key interest rates for the...
Let's analyze the currency pair USD/CHF taking H4 time frame for analysis. The USD/CHF currency pair is exhibiting a downward trend, currently trading at 0.8460. The day's prices ranged between 0.8457 and 0.8497. Technical analysis shows selling...