A trader and investor faces a lot of positive and negative emotions most of the time. If you want to be a successful trader, greed is probably the biggest obstacle you will have to overcome. if you want to be successful in your trading and...
Engulfing Candle Chart Pattern The Engulfing Candle is a popular chart pattern used in technical analysis, particularly by Forex and stock traders. It signals potential reversals in market trends and is formed by two consecutive candlesticks. Types...
The EUR/GBP pair is displayed on a 1-hour timeframe, providing insight into short-term price movements. Below is a detailed analysis of the chart based on key indicators and market dynamics. Price Trend and Moving Average Analysis The red line on...
The GBP/JPY currency pair, currently trading around 194.799, has been exhibiting a bearish trend in recent sessions. This slow-moving decline reflects the interplay of economic and policy factors affecting both the British pound (GBP) and the...
Good afternoon. On Friday, Pound sellers did not allow buyers to start forming an upward movement, and by the end of the session they updated the local minimum at 1.26290 and were able to consolidate below it. Now, the level of 1.25087 is their...
