Certainly! The EUR/USD currency pair is currently trading at 1.0709, and the prevailing trend appears to be bearish. A bearish trend suggests that sellers are dominating, causing prices to generally decline over time. This can create a slow and...
FOREX TREND ENVELOPES Forex Trend Envelopes: A Comprehensive Guide In the world of Forex trading, identifying trends and making informed investment decisions can be a daunting task. One effective tool that traders use to navigate the markets is the...
Analysis of monitoring the trend of the US Dollar / Yen currency pair. Time frame – 4 hours. Let's evaluate the prospects for the movement of the analyzed instrument from the point of view of the profitability of concluding a transaction based on...
The USD/JPY currency pair has been range-bound in recent weeks, oscillating between support and resistance levels. However, recent market trends suggest that the pair is poised for a downward movement, potentially breaking below the critical 155.39...
The EUR/USD currency pair exhibited considerable volatility last week, marking a period of significant fluctuations in its exchange rate. On Friday, the pair reached a notable six-week low, dipping to 1.0680. This marked a significant downturn from...