The USD/JPY currency pair has been a focal point for many traders and investors due to its significant role in the forex market. As of now, the pair is trading at 159.64, and the prevailing trend appears to be bearish. This movement suggests that...
In forex trading, a bearish pattern indicates the possibility of a reversal from an uptrend to a downtrend or confirmation of a continued downtrend. Here are some common causes of a recession. 1. Recession scope planning A two-candle model with the...
Gold Price Move The price action analysis of the Gold is what we will be discussing today. The bearish trend will likely persist, with only a minor upward zigzag likely, targeting 2339. With the opening of the American market, the price might start...
I don’t trade weekly; if you look at weekly timeframes, there will be a flat for almost half a year, but on junior timeframes, there is still movement on which you can work. There seems to be an opportunity to break through to the north, but so far,...
GBP/ USD Price Activity I am assessing the dynamic pricing behavior of the GBP/ USD currency pair. My forecast has proven accurate, with Monday's high recorded at 1.2697. The pullback was smooth, guiding us to the desired levels without issues. We...