What is the Triple Top Pattern? The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be...
The US dollar initially struggled to rally against the Japanese yen during the week, pushing towards the ¥144 level. However, it quickly reversed and fell to key support around ¥141. At the moment, the market appears to be at a critical point,...
Our current focus is assessing the price action of the AUD/ USD currency brace. Another important factor driving the decline is the CCI index, which, on the daily map, is falling from the upper overheating zone. During this period, a bearish...
As of now, the USD/CHF currency pair is positioned around the 0.8482 mark. The prevailing trend indicates a bearish sentiment, meaning that the market has been moving downwards slowly. Despite the current slow pace, there is an anticipation that...
EUR/USD H4 MARKET ANALYSIS. Monitoring results from the 4-hour time frame chart show that the EUR/USD market situation was bullish last week as well, but this week's market situation is being pressured by sellers who are pushing the price higher…...