USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...
CHART PATTERNS IN FOREX TRADING Chart patterns are a crucial element of technical analysis in Forex trading, helping traders identify potential trading opportunities and predict price movements. In this article, we'll explore the most common chart...
West Texas Intermediate (WTI) crude oil market was marginally higher during Friday's trading session, hovering around $75.50, indicating signs of fatigue. If the market retreats from this point, consumers are likely to step in, taking advantage of...
EUR/USD: Current Situation The EUR/USD pair is presently in a slow uptrend. However, last Friday, just before the market closed, the H4 chart indicated the beginning of bearish pressure. The price closed at the 1.0801 level. Looking ahead to next...
Analysis of Recent Market Movements and Speculation on Fed's Rate Cuts: The currency pair experienced a remarkable surge to 157.10 during Friday's European session, reflecting substantial market movements. However, the asset quickly retraced its...