Since the spinning top pattern indicates indecision, it's important to wait for confirmation before taking any trading action.Place a stop-loss below the low of the spinning top pattern if planning to go long or above the high of the pattern if...
I observe that the USD/CHF currency pair on the D1 chart moved within a relatively narrow range last week, closing near its opening level. I notice that many currency pairs exhibited similar behavior during this period. I see that the wave structure...
Japanese prolonged its losses on Thursday. At the North American meeting, USD/JPY is traded at 150.96, which is 0.36% per day. Previously, Yen weakened to 151.08, the first time he moved above 151 since March 3. One has dropped by 1.2%this week....
USDJPY Daily Forecast The USD/JPY pair maintained its strong upward momentum and continued to rise above the 152.00 level as market participants remained cautious about key economic trends. While expectations regarding the US Federal Reserve’s...
The USD/CAD pair continued its upward trend in the European trading session on Friday, rising to 1.4330 as market participants awaited important economic data releases from the US and Canada. Investors will be closely monitoring the US personal...
