Upon closely analyzing the USD/CHF market, it seems that the price has recently entered a demand zone, which I highlighted in light blue. If there's a strong upward bounce from this area, it might signal a potential bullish reversal. Therefore, my...
EUR/USD Market Analysis: The current market price of EUR/USD is 1.0876, reflecting a slight decline of -0.05% from the previous close. This small change indicates a relatively stable market; however, upcoming economic events may introduce some...
Doji candlestick chart pattern in forex trading. A doji (dо̄ji) is a name for a trading session in which a security has open and close levels that are virtually equal, as represented by a candle shape on a chart. Based on this shape, technical...
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
The USD/JPY currency pair has experienced a moderate decline. At one point, the pair dropped significantly but quickly returned to the opening levels of the current weekly session. This recovery indicates a level of volatility and suggests that the...