Long-term trading in the Forex market is a distinct approach that contrasts sharply with short-term trading strategies. While short-term trading typically involves positions held for no more than a day or a week, long-term trading allows traders to...
The currency pair is making a notable comeback after dipping to a three-week low of around 1.1050 during Wednesday’s North American session. This rebound can be attributed to several factors, including monetary policy adjustments by the European...
EUR-USD H1 ANALYSIS CHART Excellent movements are being made on EUR USD, a full-fledged rollback has already been formed, so you can buy, but I rushed with purchases, now there is a small drawdown and maybe I will even catch a stop. The stop will...
The spot price has seen a notable recovery from last week’s lows near $2,613, yet its upward momentum is facing a key resistance around the $2,650 level. This resistance is significant due to the intersection of the 50-period Simple Moving Average...
What is the Fry Pan Bottom Pattern in forex trading. The Fry Pan Bottom Pattern forms after a downtrend and is characterized by a series of small-bodied candles that create a rounded bottom, resembling the shape of a frying pan. This pattern...