As I analyze the current market situation, I can see that another working week has come to an end, and the chart reveals some critical insights. The horizontal line drawn on the chart clearly highlights the intensity of the bears' defense. I observe...
EUR/USD Market Analysis: Bullish Rally Continues Overview Good morning! The EUR/USD market has been on a bullish rally since the beginning of the week. Analyzing the 4-hour time frame reveals that, despite attempts by sellers to push prices down...
Piercing Line Chart Pattern The Piercing Line chart pattern is a bullish candlestick reversal pattern that typically appears after a downtrend. It signals a potential reversal to the upside. This pattern is made up of two candlesticks:...
The USDJPY currency pair closed at 152.30 today, and with the market being closed on Saturday, we can analyze the current trends and potential movements for the upcoming week. Recently, there has been a noticeable downtrend in the value of the...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price is going up, but I see the market coming out of this trend line, which is helping the price a lot. After breaking the trend line, the cost market failed to...
