Greetings! When analyzing the EUR/USD currency pair on a monthly timeframe, it indeed appears to be in a consolidation phase. However, I tend to focus more on the weekly analysis. Recently, EUR/USD bounced back from the support level at 1.0200 and...
During the North American trading session on Friday, the EUR/GBP currency pair experienced a notable upward trajectory, edging closer to the critical 0.8400 level. This surge was primarily driven by the euro's relative strength against its...
Hook Candlestick Patterns and Hook Reversal Patterns in Forex Trading In forex trading, understanding candlestick patterns is essential for identifying market trends, entry points, and potential reversals. Among these patterns, Hook Candlestick...
Last night, the market moved above the 0.5712 level. Considering bullish momentum, NZD/USD remains under the control of buyers and may continue following an upward trend. The pair consistently showed resilience, with buyers maintaining control over...
The USDJPY currency pair has experienced a notable decline throughout the week, characterized by a series of signals for both buying and selling opportunities. However, many of these signals went unexploited, primarily due to the pair trading within...
