Tag: bearish engulfing
EUR/GBP – rates up pound down, but time for a correction.
Last Thursday the BoE raised interest rates by 25bp and set them at 1%. Given that interest rates in the Eurozone are still negative...
EURUSD with a bullish engulfing on daily chart – 08.02.2021
The EURUSD currency pair after establishing a minimum at the level of 1.0630 in March last year moved in an upward trend to reach...
GOLD – bearish engulfing on weekly chart 09.09.2019
Monday is a good day for analysing weekly charts. Let's take a look at the GOLD chart, and what we can see is that...
USDCHF – false breakout from Inside Bar indicates declines – 30/04/2019
USDCHF - daily candle from 23.04 created Inside Bar formation, because for the next two days the quotations were not able to overcome its...
“When Theory meets Practice” – week 10 – 09/03/2019
The week No.10/2019 is coming to an end, with noteworthy events, it is surely hard to overlook the ECB meeting and the monthly "payrolls"...
USDCHF – bearish engulfing, decreases towards a significant level – 20/02/2019
The exchange rate of the USDCHF is moving in an upward trend, with lows and highs at ever higher levels. This month the buyers...
Price Action Formations – Bearish Engulfing
When trading on the Forex market, we make decisions based on price action. In order to open the appropriate order, we look at the...
USDJPY – Inside Bar and Bearish Engulfing 30/04/2018
Trading Price Action Formations –under this heading you will find analysis made on basis of most known Price Action formations – Inside Bar, Outside...
EURAUD – Retesting Outside Bar -03/04/2018
EURAUD - in the previous analysis (29/03) I described the formation of the Bear Market (Outside Bar), which as a typical bearish formation pointing...
EURAUD – Bearish Engulfing and Divergence on Daily – 29/03
EURAUD has been in an upward trend for the last 3 months, reaching a maximum of 1.6190 yesterday. Yesterday's daily bearish candle engulfed Tuesday's...
