CHART PATTERNS IN FOREX TRADING Chart patterns are a crucial element of technical analysis in Forex trading, helping traders identify potential trading opportunities and predict price movements. In this article, we'll explore the most common chart...
When the USD/JPY pair rose, the most important thing that buyers could do was not to miss the blow from the sellers, although if we look at the chart from an hour to four hours, there was a visible level of 155.300, where for almost the entire week,...
The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...
West Texas Intermediate (WTI) crude oil market was marginally higher during Friday's trading session, hovering around $75.50, indicating signs of fatigue. If the market retreats from this point, consumers are likely to step in, taking advantage of...
USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...