The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
After three weeks of consecutive bearish rallies, crude oil prices are trying to move higher toward the 63.00 per barrel level, but investors are still worried that US President Donald Trump might start a trade war. The ongoing turmoil is primarily...
Price action trading is a technique that focuses on analyzing historical price movements without relying on lagging indicators, making it highly effective for identifying optimal entry and exit points in Forex. By observing price behavior and...
AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
