EURJPY EURJPY outlook: The EUR/JPY currency pair is influenced by the contrasting monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). The Euro is supported by the ECB's cautious stance on interest rate hikes as...
USDJPY Daily Time Chart Analysis The USD/JPY currency pair is currently experiencing a sharp decline. The long-term uptrend line and key support level are located below 153.65. This decline is confirmed by weak signals from key technical...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
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...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
