Greetings, colleague. I agree with your analysis, and I believe it is important to break down the current situation further. I think it is worth noting that Trump’s statements about a potential recession did indeed contribute to market volatility,...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
AUD/USD Technical Analysis: Right now, AUD/USD is stuck in a bit of a range, with resistance around 0.6600 and solid support near 0.6520. The 50-day SMA is acting as a ceiling, while the 200-day SMA still leans bearish unless we get a convincing...
EUR/JPY Market Analysis March 11, 2025 On the daily timeframe chart, the price movement that had fallen to its lowest weekly phase yesterday finally turned around and the next movement was more dominant in a bullish direction. The price increase...
Have a great day everyone! I am observing the following situation on the EURUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
