USD/ JPY Price Understandings Our conversation will center on analyzing the USD/ JPY currency pair's price action. The USD/ JPY currency pair closed the trading week with an upward momentum, finishing near 146.23. The pair remains in a growth...
Silver Price Directions The current topic of discussion is the analysis of the Silver price behavior. Friday's news likely triggered the silver drop. The price dipped below the Moving Average (MA) pair on the daily chart, hovering around...
Gold: What the Charts Reveal The discussion currently revolves around the analysis of the Gold price behavior. The entire week has concluded with gold remaining largely inactive, hovering above the support level 2489.00. A decisive break below this...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
EUR/USD Price Patterns The present discussion pertains to analysing the price behaviour of the EUR/USD currency pair. According to technical analysis of the H1 time frame, it seems suitable to enter the market with buying intentions for the currency...