Forex (foreign exchange) trading involves the buying and selling of currencies to profit from changes in exchange rates. Among the various technical analysis tools traders use to predict market behavior, chart patterns play a pivotal role. One such...
EUR/USD PAIR REVIEW On the EURUSD currency pair - today we will consider the D1 period chart. At the beginning of this year, the price of this currency pair flew down sharply. The wave structure is still building its order downwards, the MACD...
CHF / JPY: An Hourly Time Frame Recommendation The market condition of CHFJPY is completely in favor of bears or sellers, indicating a strong downward momentum. Bears currently dominate the market, driving the price lower. Market conditions are...
•••USD/CAD: A Closer Look at What’s Driving the Dollar Loonie Pair in Early 2025••• • As we step into 2025, USD/CAD is catching the eyes of traders worldwide. With the U.S. dollar continuing to hold strength against the Canadian dollar, this pair is...
•••EUR/USD: The Current Market Pulse(January 8,2025)••• • The EUR/USD pair is back in focus as 2025 kicks into full gear. The pair’s movement today speaks volumes about the underlying sentiment, and it's clear traders are bracing for volatility in...