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The currency pair has recently displayed a bullish Two-Bar reversal pattern, signaling potential shifts in market sentiment. These reversal patterns typically occur at the peak of an uptrend, where a long green candle is followed by a similar-sized...
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The US dollar rose sharply against the Japanese yen following the conclusion of monetary policy decisions by the Federal Reserve and the Bank of Japan. As the pair is now trading firmly above the 156.50 level, it has broken a significant resistance...
The spot price has been caught in a persistent downtrend against the Dollar, with the pair consistently forming lower highs and lower lows. Wednesday’s sharp decline reinforced this bearish sentiment, highlighting the path of least resistance...
