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...
USD/CHF Analysis Greetings and Good Morning to everyone! The ISM Service PMI made the US dollar a little weak. However, the market will remain in favor of buyers anymore. Also, the strong ISM data suggests economic resilience, supporting equity...
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...
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...
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...