Technical Analysis of the USD/JPY Currency Pair Greetings to all forum enthusiasts! Currently, the USD/JPY currency pair is trading at 148.80 and is positioned below both the 50-period moving average (MA50) and the 200-period moving average (MA200)...
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Analysis of Price Movement and Strategic Trading Scenarios in the Forex Market In the Forex market, price movements are often influenced by key support and resistance levels, which help traders make informed decisions. Currently, the price appears...
Analytical Overview of USD/JPY: Bearish Momentum Continues Greetings to all forum enthusiasts! There’s no disputing that the USD/JPY pair continues to exhibit a strong downward trend. Following such a significant drop, a healthy pullback wouldn’t be...
Three Black Crows Candlestick Pattern The Three Black Crows pattern is a bearish candlestick pattern that indicates a reversal from a bullish trend to a bearish trend. It consists of three consecutive long-bodied candlesticks that open within the...