A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
Technical analysis of EURJPY Today I picked EUR/JPY for technical analysis and the market price fell one level and is now closer to the trend line, which is helping to push the price higher. After breaking the market price support at 158.69, the...
Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...
Currency pair EURUSD - let’s consider the four-hour period of the chart today. This new trading week and month started with a sharp downward drop and an impressive price gap, which, however, traders have already closed. It is clear how the figure of...
