Technical analysis 08 March 2025 USD/JPY H-4 Good night to all, good morning to some! Well? The trading week has ended; we can at least draw some conclusions. Let's start with the fact that the downward trend of movement continues. This week, the...
The hook pattern represents a slight pullback in price within an existing trend before continuing in the same direction. It suggests a temporary pause or consolidation before the trend resumes. The Hook pattern in technical analysis is a candlestick...
Always Use a Trading Plan A trading plan is an essential blueprint for navigating the markets. It details your strategy, risk management, and decision-making process—helping you trade systematically rather than on impulse. Here are the key reasons...
T E C H N I C A L _ A N A L Y S I S E U R / U S D I would explain recent price movements in the EUR/USD market. From a technical standpoint, EUR/USD is trading at 1.0833 at the time of writing. In the long term, EUR/USD is bearish now, while at the...
I believe the USD/CAD currency pair is currently exhibiting a strong upward trend, which I find to be confirmed by the upward slope of the TMA indicator channel. I observe that the price has consolidated above the average TMA level, which I...