Hammer candlestick pattern in forex trading The hammer candlestick pattern is one of the key reversal patterns I rely on in forex trading, especially when I’m analyzing potential trend reversals. It usually signals a shift from a downtrend to an...
GOLD We can see on the weekly time frame that there is a bullish engulfing pattern in the support area, which can be a valid indicator that the trend of the Gold pair will soon become bullish. Based on the fact that the bullish engulfing pattern...
USD/CHF ✌️✌️ We are currently assessing the dynamic pricing behavior of the USD/CHF currency pair. The potential for growth in the USD/CHF pair remains intact. The week is likely with a bullish candle, indicating upward momentum. The 4-hour chart...
GBP/CAD H4 Analysis Current Market Sentiment The GBP/CAD chart currently indicates a clear bearish sentiment. This means that the market is moving in a downward direction, suggesting that traders expect the price to continue declining. Such...
The USD/CHF currency pair is experiencing notable downward pressure, having breached the critical support level of 0.8664 and currently trading at 0.8622. This movement signals a potential shift in market sentiment and warrants a detailed...