A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
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...
The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...
The USD/CHF H1 chart indicates a strong bearish trend, with the price currently at 0.9011, near recent lows. The downward movement has been consistent, showing signs of selling pressure. The pair is now testing a critical support level, and traders...
Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 1.7841, the...
