Good morning. Sellers were unable to continue moving the price further down after the market opened, and buyers are trying to open Friday's fall. If they want to form something more significant in the direction of price growth, then they need to...
The EUR/JPY currency pair, currently trading at 171.05, is exhibiting a bearish trend. This indicates that the Euro is weakening against the Japanese Yen. Despite the market's slow pace, there are several reasons to believe that we could witness...
In my trading, I use harmonic patterns to identify potential reversal points by recognizing specific geometric price structures and Fibonacci ratios. When a harmonic pattern such as the Gartley, Bat, or Butterfly forms, I look for precise Fibonacci...
The British Pound (GBP) weakened against the US Dollar (USD) last Friday, with the GBP/USD pair dropping to around 1.2660. This decline coincided with a rise in the US Dollar Index (DXY), which measures the strength of the USD against a basket of...
USD/CHF D1 TIME FRAME CHART. Once again, let's look at the chart of the period D1 - USDCHF currency pair. While the wave structure here is moving downward, the MACD indicator is in the lower selling zone. If you superimpose the target Fibonacci...