It's wonderful to see your enthusiasm and determination for the forex business! Success in forex trading requires patience, a strong understanding of market trends, and consistent effort—qualities you seem ready to embrace. As you aim for long-term...
EUR/JPY Market Analysis March 11, 2025 On the daily timeframe chart, the price movement that had fallen to its lowest weekly phase yesterday finally turned around and the next movement was more dominant in a bullish direction. The price increase...
GBP/USD Technical Analysis and Forecast The GBP/USD market trades at 1.29566, showing strong bullish momentum. The pair faces resistance at 1.30000 and support at 1.28700 on the daily chart. This uptrend was primarily driven by weak US economic...
On the H4 time frame chart, the NZDUSD trading activity seems to be in the range zone; however, I saw erratic movement in the final candle, which is a significant bearish pin bar. We cannot take the chance of selling it based on this candle because...
Traders often use engulfing patterns in combination with other technical indicators to confirm potential trend reversals. It's important to note that while engulfing patterns can be powerful signals, they are not infallible, and other factors should...
