I observe that the USD/JPY H4 chart is currently navigating a critical juncture following the recent breakout above the resistance at 148.12, a level that previously marked the upper boundary of the second zone. I believe this breakout is...
EURUSD TECHNICAL ANALYSIS The EURUSD pair is exhibiting signs of weakness following a rejection at the critical resistance level of 1.09355. This suggests that sellers have firmly established control at this price point, making it a key hurdle for...
Traders often use engulfing patterns in combination with other technical indicators to confirm potential trend reversals. It's important to note that while engulfing patterns can be powerful signals, they are not infallible, and other factors should...
USD/CAD Technical Analysis and Forecast Market Overview The USD/CAD market has seen significant price movements today. The market hit a daily low of 1.43644 before recovering. After the reversal, USD/CAD rose to 1.44833, indicating the strength of...
USDJPY currency pair let's examine the D1 timeframe chart today. So far this week, there have been no changes. Last week, the price primarily decreased due to a weakening US dollar, while the euro and pound showed significant gains. The uptrend...
