Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

EUR/USD: bullish "Pennant" pattern

EUR/USD: bullish "Pennant" pattern

Information is not investment advice


The 34 Moving Average has acted as resistance, so the price is consolidating. Meanwhile, the market is likely going to reach the next resistance at 1.1668 - 1.1695. If a pullback from these levels happens, we could have another decline towards the closest support at 1.1615 - 1.1582.


There's a "Pennant" pattern, so bulls are likely going to test the nearest resistance at 1.1668 - 1.1689 during the day. However, if a pullback from these levels happens, there'll be an opportunity to have a bearish price movement in the direction of another support at 1.1615 - 1.1601.



GOLD: resurging

Gold has been losing value lately. But recently, it is back up. Is it a good time to buy?


Choose your payment system

Learn more