Engulfing Patterns : The Engulfing patterns is formed by tow candles, where the Body of the first candle is engulfed by the body of 2nd candle. Engilfing pattern provide an approach for traders to enter the market in anticipation of a possible...
EUR/USD: Simple Trading Tips for Trade Analysis and the Euro The marked levels I indicated were not tested in the second half of the day. As a result, finding suitable entry points into the market was impossible. Despite relatively decent US data,...
M-1 Chart Technical Outlook NZD/USD There is a certain convergence of price with the resistance line of the descending channel, which indicates the direction of the global trend, but not yet: a) opening of channel resistance line (trend line) by...
EUR/USD analysis Greetings, dear friends. I hope you are all doing well and enjoying the current market climate. Now that I'm here to provide my primary analysis let's begin a discussion about the EUR/USD. After three straight days of gains, the...
General Points of GBP/CAD: The market of GBPCAD can breathe the 1.7945 level during the CPI data mints or at the London session. The Canadian CPI data was also not good and it makes the dollar uncertain today. For GBPCAD traders and analysts,...