USD / JPY: An Hourly Time Frame Recommendation My recommendation for USDJPY Investors is that they enter the market with a bullish scenario and nearly reach their goal at 158.00. Current market conditions suggest a favorable environment for...
Generl points about CHFJPY: If we look at the CHFJPY market from a broader perspective, we can see that it is following a bearish trend. This pattern indicates that selling pressure is dominating, and market sentiment is tilted toward further...
GBP/USD Price Movement Update GBPUSD rose again in the market movement here yesterday, the price returned to the sell block order area of 1.2342 - 1.2362. However, the bullish movement stopped after reaching the block order area. This morning the...
AUD/USD Analysis: Current Market Condition and Key Levels As of Thursday, the AUD/USD pair is trading around 0.6220 and is attempting to break above the descending channel on the daily chart. A successful breakout from this channel could weaken the...
Bullish Engulfing Chart Pattern The Bullish Engulfing Chart Pattern is a widely recognized candlestick pattern used in technical analysis. It signals a potential reversal in the market trend, typically indicating that a downtrend may be coming to...