Navigating the USD/ JPY Price Action Let's talk about how the USD/ JPY currency pair's price has been behaving and what analysis can be from it. For USD/JPY, the pair closed the day and week above 146.01, marking a modest victory for the bulls....
Bitcoine declines as options open interest reises: Bitcoin fell under 60K after a long week of investors taking profits and currently trades around $58500. Investors began taking profits after a brief rally last Saturday caused by a renewed...
EUR/USD Price Patterns The present discussion pertains to analysing the price behaviour of the EUR/USD currency pair. According to technical analysis of the H1 time frame, it seems suitable to enter the market with buying intentions for the currency...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
Crude Oil Price Action Review Let's analyze the crude oil price behavior at present. The price broke away from the trend line, shifted downward, and dropped to the support level of 73.33. From this point, it rebounded, climbing back to the 73.79...