General Points of EURJPY: I believe today the EURJPY market will remain in favor of the sellers. The pair is currently trading around the 163.50 level, showing signs of downward momentum. This week, the ongoing G-20 meetings have not provided much...
USD/CHF Market Outlook Greetings and Good Morning guys! The SNB Chairman's speech is expected to play a crucial role in shaping market sentiment today, particularly in the context of the USDCHF pair. This fundamental insight, coupled with the...
General Points of NZDUSD: The importance of the news events today makes it crucial to use a news strategy for guiding trading decisions. A news-based strategy involves closely monitoring the timing and impact of key data releases, as they can cause...
PAIR REVIEW EURNZD As we can see, the bulls failed to break the first resistance level. At the moment, analyzing the situation on the hourly chart, we can note the EURNZD pair is in a bearish trend and is now trying to gain a foothold below the...
Red Candlestick Chart Pattern The Red Candlestick Chart Pattern refers to the visual representation of a price action in candlestick charts, where a candlestick is colored red to indicate a price decline during the chosen time period. These patterns...
