Analyzing the current situation of the EUR/JPY pair, which is at 172.26 with a bearish trend, suggests a potential for significant market movement in the coming days. Understanding the underlying factors driving this currency pair is essential to...
The currency market witnessed a sluggish close to the week as the Euro (EUR) remained stagnant against the US Dollar (USD) on Friday. This lack of movement came after a period of low trading activity, with traders finding no compelling reason for...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H4 timeframe chart at 168.720. Once this level is hit, the market's...
Let's analyze the level lines on the Crude Oil chart to determine possible price movement options. Currently, the market sentiment favors the bears, indicating a potential further decline in prices. However, for this decline to continue, the bears...