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...
Since late 2023, the EUR/CHF currency pair has been on a steady, albeit gradual, upward trajectory, endeavoring to recover from its significant declines in the preceding years. This currency pair, which tracks the value of the Euro (EUR) against the...
The NZD/USD currency pair has experienced significant volatility in recent trading sessions, reflecting a tumultuous market environment. The week began with a notable upward movement on Wednesday, creating a sense of optimism among traders and...
The chart provided is an Elliott Wave Forecast for the EUR/NZD currency pair on a 240-minute (4-hour) timeframe. The chart illustrates a bullish sequence based on Elliott Wave theory, indicating potential future price movements. Here is a detailed...