EUR/USD's recent break below its previous low signifies a pivotal moment in its market structure, suggesting a return to the supply zone that initiated this breakdown. This supply zone represents a critical area where bearish momentum was previously...
Bearish Candlestick Chart Pattern A bearish candlestick chart pattern is a key indicator in technical analysis used by traders and investors to predict potential downtrends or price declines in financial markets. These patterns often signal a...
EUR/USD's technical landscape points to a bearish outlook following its recent breach below the prior structural low, signaling weakness in the pair’s upward momentum. The supply zone that triggered this break of structure becomes a critical area of...
Forex and Cryptocurrency Forecast for January 27 – 31, 2025 The past week in the financial markets has seen mixed movements across major currency pairs, cryptocurrencies, and commodities. The euro-dollar pair (EUR/USD) has been navigating a...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 156.31 and support at 155.06. The market price highly respects this resistance and support level, after which the price...