I trade this pattern very actively with HFM and it consists of two candles: the first is a strong bearish (red) candle, and the second is a bullish (green) candle that opens below the previous close but closes at the same level as the previous...
Technical analysis of the USDJPY pair During the previous two weeks, the price moved in a sideways wave and then in an upward wave, which led to the opening of trading this week within upward price channels. At the present time, the price is...
I still hold a bearish outlook for the EUR/USD pair, as the sell signal for a decline only formed by the end of last week. I believe this signal has at least until the end of the current week to play out. My primary focus is on the support level at...
GBP/USD moved higher on Monday after falling 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. Services in the UK are improving, ticket production UK services PMI rose to 51.4 in December from 50.8 in...
EUR/USD Fundamental Analysis: As I look at the EUR/USD pair today, there are several key factors influencing the market. The U.S. economy continues to send mixed signals, especially with inflation and the Federal Reserve's interest rate policies....
