As the pair closes in on a significant historical trendline, it is now forming a Rising Wedge pattern, a technical formation that typically signals a bearish reversal. This pattern suggests that the pair may be poised for a downward breakout,...
The provided chart shows the USD/JPY currency pair The The USD/JPY has experienced a notable price movement in recent sessions. Initially, the pair displayed an upward trend, marked by a strong bullish momentum. However, the momentum shifted as the...
The Cable recently experienced a notable decline, falling to a four-week low against the US Dollar (USD), with the exchange rate reaching 1.2470. This drop came as market participants reacted to the threat of new tariffs from former President Trump,...
Euro and US Dollar Fluctuations on Friday On Friday, the euro experienced significant fluctuations against the US dollar. Initially, during the Asian trading session, the euro dropped below the 1.0340 mark, hitting a three-week low. However, it made...
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...
