In the recent trading sessions, the USDJPY currency pair exhibited notable strength, particularly during the transition from the Asian to the European trading hours. This increase was highlighted by a significant breakthrough of the resistance area...
USD/CHF Market Outlook Good Morning to All Traders! Although the fundamental analysis was against the US dollar the market is still in favor of buyers. It can cross the 0.8545 area in the coming days. Furthermore, the US labor market also showed...
GBP/USD Forex Signal: Bullish Outlook Ahead of BOE Decision Bullish view Buy the GBP/USD pair and set a take-profit at 1.3300. Add a stop-loss at 1.3000. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.3170 and a take-profit at 1.3000. Add a...
Diamond Chart Pattern The Diamond Chart Pattern is a technical analysis pattern seen in financial markets, including forex trading. It's considered a reversal pattern and typically forms at market tops, signaling a potential reversal of an uptrend...
The USD/CAD currency pair has been exhibiting fluctuations in its price. On the Canadian dollar's daily chart, the market initially showed an upward trend. However, contrary to the analyst's expectations, the resistance level at 1.35974 was likely...