At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
The EUR/USD currency pair, currently trading at 1.0704, is exhibiting a bearish trend. This movement indicates that the Euro is weakening against the U.S. Dollar, reflecting various economic, political, and market factors. Despite the slow current...
Analysis of monitoring the trend of the US Dollar / Yen currency pair. Time frame – 4 hours. Let's evaluate the prospects for the movement of the analyzed instrument from the point of view of the profitability of concluding a transaction based on...
WHAT IS SPINNING TOP CANDLESTICK PATTERN The Spinning Top candlestick pattern is a neutral candlestick formation that appears when a stock's or asset's price action is indecisive, indicating a balance between buyers and sellers. It is called a...
EUR/JPY/D1 I anticipate that the EURJPY currency pair will exhibit growth today. Previously, the price rebounded from the support level at 167.39 and ascended. During the ascent, the price successfully surpassed a notably strong level featuring two...