EURGBP Daily Forecast EUR/GBP saw a major decline today after seven days of continuous strength. This recent uptrend is significant as it broke a downward trend line that has been in place since August 2024. The pair’s movement has been particularly...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
USD/CAD Technical Analysis and Forecast Market Overview The USD/CAD market has seen significant price movements today. The market hit a daily low of 1.43644 before recovering. After the reversal, USD/CAD rose to 1.44833, indicating the strength of...
EUR/USD: Simple business tips for beginners on 12 March. Review yesterday's forex shops Analysis of shops and business tips for euro The 1.0918 price level test occurred when the MACD indicator has already shifted significantly above the zero mark,...
USDCHF currency pair - let’s consider the D1 period chart. The wave structure that is building its order downwards and the MACD indicator that was falling in the lower sales zone and below its signal line are in favor of the sellers. Well, it can be...