EUR/USD. April 10. Trump continues to shake the markets On Wednesday, a pair of EUR/USD made two rebounds from the resistance zone of 1,1081-1.1095, turned to the US dollar and fell towards the support zone of 1.0944-1.0957. The bounce from this...
Currently, the EUR/JPY currency pair appears to be forming a bullish pattern on the chart, which could potentially drive the price upward. This bullish formation suggests a possible trend reversal or continuation, depending on how the price action...
A harami candlestick is a two-candle pattern used in technical analysis to identify potential trend reversals or continuations in the market. The word "harami" itself comes from the Japanese word for "pregnant," and the pattern's visual appearance...
General Points about USDCAD: You can now see that the USDCAD market has dropped again and has reached the 1.4011 level, signaling a continuation of bearish pressure that has dominated recent sessions. A consistent decline in price action reflects...
I believe the USD/CAD pair’s recent drop to 1.4000 reflects a significant shift in market sentiment after a prolonged consolidation near 1.4300. I see this downward movement as a reaction to the broader weakness in the U.S. dollar, which has been...
