The currency pair has experienced a notable rally, reaching a higher high and reinforcing its established uptrend. After peaking, the pair has started moving sideways, potentially forming a Bull Flag continuation pattern. If this pattern holds, it...
The pair is experiencing a second consecutive day of follow-through selling, with the exchange rate dropping back below the 1.4350 mark during the early Asian session on Friday. This downward move is largely driven by a stronger U.S. Dollar (USD),...
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EURUSD currency pair - H4 chart. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The news from the USA regarding technology largely and predictably declined. And the technology from the...
USDJPY currency pair - D1 chart. During this senior period, it is striking how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in late November, early December at the...