The USD/JPY currency pair is currently on an intriguing journey as it attempts to reclaim its upward momentum. Recently, the pair encountered a significant bounce in the 155.76 zone, a level that has proven to be a formidable resistance point....
Since late 2023, the EUR/CHF currency pair has been on a steady, albeit gradual, upward trajectory, endeavoring to recover from its significant declines in the preceding years. This currency pair, which tracks the value of the Euro (EUR) against the...
At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is indecisive, indicating a balance between buyers and sellers. It is called a...
The EUR/USD currency pair, currently trading at 1.0704, is exhibiting a bearish trend. This movement indicates that the Euro is weakening against the U.S. Dollar, reflecting various economic, political, and market factors. Despite the slow current...