Navigating the Waves: EUR/USD Prices The EUR/USD currency pair's price behavior analysis is a topic for discussion. Based on technical analysis, the EUR/USD pair is in a downward trend, with the price ending the week at its lowest point. The price...
USD/ JPY Price Understandings Our conversation will center on analyzing the USD/ JPY currency pair's price action. The USD/ JPY currency pair closed the trading week with an upward momentum, finishing near 146.23. The pair remains in a growth...
The term "Forex Bear Indicator" is not associated with a specific technical indicator. However, it generally refers to indicators or patterns that signal a bearish trend in the forex market. These indicators help traders identify potential downward...
EUR/USD Price Patterns The present discussion pertains to analysing the price behaviour of the EUR/USD currency pair. According to technical analysis of the H1 time frame, it seems suitable to enter the market with buying intentions for the currency...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...