The pair's price is trading within a white-marked triangle, formed by the descending red channel lines representing yesterday's price movement and the blue channel lines indicating a sideways trend over the previous two days. Initially, the price...
News for trading Today, we have low and medium-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today....
EUR/USD The EUR/USD currency pair has formed a sideways channel on the H4 chart, indicating a period of consolidation. If the price fails to cross the local maximum of 1.0769, we may expect a rapid decline from current levels. On the other hand, if...
H4 Trading Chat On EURUSD: The new week that has begun opened with a downward price gap that has already been closed. It is clear that the EURUSD currency pair gave birth to a powerful upward movement last week, the technical picture was also...
EUR/JPY H1 chart On the H1 chart, the channel has a different direction from the movement on H1. Therefore, sales to the younger period are of a corrective nature. The seller will try to go down to the buyer, whose volumes for purchase are located...