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BUOB
EUR/USD: The single currency withdrew from highs of 1.1493 Tuesday, as the European Commission, the EU’s executive arm, told populist lawmakers in Italy it must make revisions to its draft budget proposal. Despite this, little change to the overall technical structure of this market was observed. Longer term, buyers and sellers continue to battle for...
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What is a ‘Bullish Outside Bar’ A bullish engulfing pattern is a candlestick chart pattern that forms when a small black candlestick, showing a bearish trend, is followed the next day by a large white candlestick, showing a bullish trend, the body of which completely overlaps or engulfs the body of the previous day’s candlestick....
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