As we move forward, we are approaching a critical phase where the yearly low is being tested. The correction is nearing its midpoint, and while a push below this level is not out of the question, it's essential to maintain a measured decline until...
Frypan Chart Pattern The Frypan Bottom pattern (also called a Saucer Bottom) is a bullish continuation chart pattern often seen in technical analysis. It typically appears after a downtrend and signals a potential reversal in price direction. The...
USD/JPY Good Morning to Everyone! Today, the market of USD/JPY Can cross the 148.66 zone during the US trading zone. And, the US Core CPI rate also can help the sellers or buyers of USD/JPY to grab their profit ratio effectively. Also, it becomes a...
Technical analysis of the EURUSD pair On the 4-hour chart, the price started trading inside the triangle marked in white, which is the common area between the descending price channels that represent the direction of price movement during the...
the NZD/ USD request as it successfully crossed the 0.6245 zone. New Zealand’s GDP rate came out better than anticipated, furnishing support to the NZD/ USD brace. Dealers who follow a macroeconomic- grounded approach focus on the broader profitable...