The spot prices experienced a drop on Tuesday as the U.S. Dollar strengthened by approximately 0.90%, with investors bracing for the Federal Open Market Committee's (FOMC) upcoming monetary policy decision. The two-day meeting is expected to...
Gold Analysis During Asian trading, the XAU/USD pair retested the 2650.00 level with moderate growth. The tool had already attempted to gain a position above it the day before, updating the local highs of March 14. On Tuesday, gold prices briefly...
The EUR/JPY pair has been in an interesting phase of price action, reflecting a broader trend of volatility driven by both technical and fundamental factors. Recently, the pair experienced a significant impulsive decline, dropping to a low of...
What is the Fry Pan Bottom Pattern in forex trading. The Fry Pan Bottom Pattern forms after a downtrend and is characterized by a series of small-bodied candles that create a rounded bottom, resembling the shape of a frying pan. This pattern...
USDJPY USDJPY currency pair. Quite good, one might even say good prices for sales were achieved as a result of the actions of an active buyer. Such influence from purchases cannot continue indefinitely, with the slightest price slowdown one can...