The Marubozu candlestick pattern is one of the strongest single-candle patterns in Forex trading. The word “Marubozu” comes from Japanese and means “bald” or “shaven head,” which refers to a candle that has no upper or lower shadows (or very tiny...
EUR/JPY DAILY CHART ANALYSIS EUR/JPY moved higher again on Wednesday to around 183.70 during the Asian session after posting gains for the second straight day. The slight uptick was made after a break before the move up and signals how a larger...
H4 Timeframe Analysis For GBP/USD The potential for further growth remains evident within the range of 1.3514. Although the pound could still decline towards 1.3514, such a decrease seems to be a strategic move aimed at facilitating more lucrative...
Silver: What the Charts Reveal Today, well discuss the analysis of the Silver price movements. The overall outlook remains consistent. Although there was an attempt to climb higher, the price has since retraced and is now likely near the upper...
USDJPY Technical Outlook: When analyzing the USD/JPY chart, traders look for promising developments. Most technical indicators are showing bullish momentum, which is crucial as the dynamics of the relationship between these two major currencies...
