EUR/JPY DAILY MARKET ANALYSIS. Good morning to all my friends, this morning I will try to analyze the pattern formed against the EUR/JPY currency pair. By understanding the pattern formed, it is expected that we can see the price action for the...
A Harami candlestick is a two-candle pattern that signals potential market reversals, commonly used in technical analysis. The word "Harami" comes from the Japanese word for "pregnant," which is fitting because the pattern looks like a small...
We are currently involved in studying the fluctuations of USD/CAD pricing. Usually, the U.S. dollar (USD) functions as a haven during economic uncertainty, whereas the Canadian dollar (CAD) is largely swayed by crude oil price changes, owing to...
Technical indicators on the H1 chart are offering mixed signals, further emphasizing the indecisiveness in the market. The Relative Strength Index (RSI) is currently hovering near neutral territory, suggesting that there is no clear overbought or...
Market Analysis: USD/CAD Pair Focus on H4 Time Frame Based on the market conditions outlined by the chart below, it can be observed that the USD/CAD pair experienced an uptrend in the previous week, reaching a price level of approximately 1.3790....