Introduction to Bull Flag VS Bear Flags Bull flag vs bear flag are popular continuation patterns in technical analysis that traders often use to identify opportunities to trade in the direct… Read More

ADP posts 177,000 new jobs but traders not convinced US Q2 GDP revised lower to 2.1% (2.4% previously) USD pares six week gains after weaker figures this week The recovery in equity markets… Read More

My previous analysis was correct as the market reached the target level. The price has been making higher highs and higher lows, indicating a bullish trend. After a small pullback, t… Read More

By JustMarkets The EUR/USD currency pair Technical indicators of the currency pair: Prev Open: 1.0675 Prev Close: 1.0548 % chg. over the last day: -1.20 % Federal Reserve Chairman Jerome P… Read More

By JustMarkets The EUR/USD currency pair Technical indicators of the currency pair: Prev Open: 1.0734 Prev Close: 1.0676 % chg. over the last day: -0.54 % Speaking at the Warwick Economics… Read More

The EURUSD is having trouble finding direction. I can say the same about the entire Forex market. Direction and momentum is something many currency pairs are struggling with at the moment. E… Read More

Running into resistance The dollar has given back a decent portion of its recent gains over the last couple of weeks and has now reached some very interesting levels. The greenback correctio… Read More

On June 29th, I wrote about a EURUSD channel. The descending nature of the channel along with the recent uptrend suggested it could act as a bull flag pattern. In other words, it hinted at a… Read More

EURUSD was expected to pull back towards the key Fibonacci levels we have mentioned in our previous analysis. EURUSD has reached the 61.8% Fibonacci retracement level and has bounced off of… Read More

The Daily View for Mastercard At the moment, MA’s price is up $0.41 (0.11%) from the day prior. This is the 2nd day in a row Mastercard has seen its price head up. From a daily perspec… Read More

Last week, the formation of the medium-term accumulation zone continued. It is important to note that there is an update of weekly highs, while at least November has not been tested. This in… Read More

The common currency has been supported by a string of positive economic developments. The ECB’s meeting also helped traders to maintain their bullish outlook for the euro. As the clock… Read More

Since December 30, the EURUSD pair has trended-down within the depicted bearish channel until the depicted two successive Bottoms were established around 1.0790 then 1.0650 where the EUR/USD… Read More

Harmonic Pattern and Excessive Momentum Here we show that how Excessive Momentum and Harmonic Pattern was coincided to confirm the same bullish entry. Firstly, I put Excessive momentum indi… Read More

It's October and weather may be cooling in the Northern Hemisphere, but trading heats up. It is impossible to predict exact events or statements, but history is a guide to help shape wisd… Read More

One Year on and the Trump Effect in Stocks Has Not Worn Off One year on from Donald Trump’s election victory and US equity markets are on course to open near record highs once again, h… Read More