What Is a Double Top Pattern? A double-top pattern is something I've been studying in technical analysis, and it's quite useful for spotting potential reversals in an uptrend. It typically appears when the price of an asset rises to a high point,...
The USD/ JPY brace is presently flaunting a bearish sentiment, suggesting that downcast instigation is likely to persist in the short term. The currency brace has been shifting within a tight range, facing pressure from both abecedarian and...
The price hovered near $62,000 on Saturday, following a failed attempt to break above $62,500 the day before. Fear, uncertainty, and doubt (FUD) have resurfaced in the market, driven in part by a large Bitcoin transfer from a wallet associated with...
A Closer Examination of NZD/USD The NZD/USD currency pair is presently demonstrating considerable strength, supported by a range of favorable economic factors. The New Zealand dollar (NZD) has gained from robust commodity prices, especially in dairy...
EUR/JPY Market Analysis October 6, 2024 D-1 Timeframe On this very happy day I will start the analysis from the daily timeframe where after seeing the movement of the EURJPY currency pair in the last few weeks it can be seen that the candlestick...