EUR/USD: Key Patterns and Signals Our conversation concerns decoding the live EUR/ USD currency pair's pricing. Last week, sellers completely dominated the market, and it was evident beforehand that a decline was likely. A bearish divergence...
NZD / USD: An hourly time frame trading plan The current market of NZDUSD is helping bears or sellers today, with the price sitting at 0.6151, providing a solid level of resistance. As the market fluctuates, bears are finding opportunities to...
USD/ CAD Price Direction I am Currently studying the ongoing USD/ CAD currency pair price action. After prolonged uncertainty, the USDCAD instrument has resumed its upward trajectory. Currently, the price is trading at 1.357, with the entry point...
Understanding the Forex Market: Key Features and Risks The Foreign Exchange (Forex) market is the largest and most liquid financial market in the world, where currencies are traded 24 hours a day, five days a week. It plays a crucial role in global...
Tweezer top patterns A tweezer top is a bearish reversal pattern in forex trading that typically forms at the end of an uptrend. It consists of two consecutive candlesticks with similar highs, indicating a potential change in market direction from...