The USD/JPY currency pair has been range-bound in recent weeks, oscillating between support and resistance levels. However, recent market trends suggest that the pair is poised for a downward movement, potentially breaking below the critical 155.39...
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...
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....
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...
Certainly! The EUR/USD currency pair is currently trading at 1.0709, and the prevailing trend appears to be bearish. A bearish trend suggests that sellers are dominating, causing prices to generally decline over time. This can create a slow and...