The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...
The USD/CAD currency pair has experienced slight gains, currently trading around 1.3710, marking the end of a four-day losing streak during the early Asian trading session on Thursday. This uptick in the US dollar (USD) is notable after a period of...
I've analyzed the dynamic pricing behavior of the GBP/USD currency pair, and my forecast has proven accurate. Monday's high was recorded at 1.2697, and the subsequent pullback was smooth, guiding us to the desired levels without any issues. We...
Certainly! Here's an expanded discussion on the EUR/USD currency pair, its current bearish trend, and the potential for significant movement in the coming days: ### EUR/USD Analysis: Current Trends and Future Projections #### Current Market...
The bullish and bearish breakaway candlestick patterns are key reversal indicators in technical analysis, suggesting potential trend changes in the market. Bullish Breakaway Pattern This five-candle formation indicates a possible reversal from a...