The USD/JPY currency pair continues to decline, marking its third consecutive month of losses, with the yen strengthening amid growing expectations of monetary policy tightening by the Bank of Japan (BoJ). The pair has recently reached a six-month...
Crude Oil Technical Analysis Crude oil is following a bearish market structure in the 30-minute time frame. Both the trend and structure indicate a downward movement. The market respects its structure and continues to follow this trend once a clear...
News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
Horizontal Line A horizontal line in Forex trading is a key tool used in technical analysis to identify support and resistance levels. Traders use this line to mark price levels where the market has historically struggled to break through, either...
