EUR/JPY DAILY MARKET ANALYSIS. Good morning to all my friends, this morning I will try to analyze the pattern formed against the EUR/JPY currency pair. By understanding the pattern formed, it is expected that we can see the price action for the...
GBPUSD still, then we've a bearish candlestick Engulfing, where we've gulfed two former bullish candlesticks with one candle, If we look at the GBP USD brace on the weeks. And this can serve as a reversal to the south of this two- time cycle to the...
USD/CHF OUTLOOK ANALYSIS: On the USD/CHF D1 time frame chart, the USD/CHF currency pair closed the trading week near 0.8582, maintaining its upward trajectory. This movement has been supported by consistent buying pressure, with the U.S. dollar...
Current Market Outlook The current price of the asset stands at approximately 1.3726, and there’s a potential for it to breach the low price level of 1.3720. If this occurs, it will create a new lower low pattern, indicating ongoing bearish...
The current market dynamics suggest a potential retracement towards 0.8439, which could signal renewed interest from buyers. This level is crucial, as it serves as a psychological barrier where traders may look to enter positions if they believe the...