The USD/JPY currency pair has experienced a moderate decline. At one point, the pair saw a significant drop but quickly rebounded to the opening levels of the current weekly session. This recovery indicates that the market is not yet prepared to...
Unlocking the Power of the Three White Soldiers Pattern in Forex Trading In Forex trading, understanding candlestick patterns is crucial for making informed decisions. Among these patterns, the Three White Soldiers is a powerful indicator of trend...
What Is an Evening Star? An evening star is a candlestick analysis pattern consisting of three bars, signaling a change from an uptrend to a downtrend. As a rule, this candlestick pattern forms on local or new all-time price highs following a long...
GBP/JPY H_1 Nice day. Pound/yen ended last week with a large bearish candle, but on the weekly time frame chart the pair tested above the Bollinger average, but it has not yet broken. There is no recovery yet, so there is some uncertainty regarding...
XAU/USD H-4 TIME FRAME CHART. H4 chart - Gold trading instrument. Here, the wave structure formed its order downwards. The MACD indicator is in the lower selling zone. A bullish divergence was visible on the used CCI indicator, well, and there was...