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The USD/JPY pair, currently trading around 149.10, reflects a bearish trend. The market has been moving slowly, but this could signal a potential for significant movement in the near future. Several factors contribute to this expectation of...
Gold technical analysis H4 chart The market price on the H4 chart is currently testing the upper trendline. The market then started to rise sharply as the market price tested the descending trend line on the H4 chart. If the market price breaks...
What are On-Neck and In-Neck Candlestick Patterns? On-Neck and In-Neck candlestick patterns are two bearish continuation patterns that I find useful in predicting short-term downward price movements in markets. On-Neck Candlestick Pattern: In an...
USD/JPY pair continues its downward movement after the market opens, attention should be likely on the 140.62 volume level, which lies below the current price. If the price reaches this level and accumulation at 140.62 holds, preventing further...