A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello, the current price behavior of the NZD/USD market is the subject of my article today. NZD/USD is trading at 0.5958 at the time of writing. We have an ideal wave structure on this chart, and...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello, I prefer USD/CHF for technical analysis. USD/CHF is trading at 0.8274 at the time of writing. Significant resistance is likely to be found in this area. Meanwhile, the price chart remains in...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning to all my friends and forum members. Let’s see what’s wrong with this time frame with the EUR/USD currency pair. So just go to the chart to see the condition of the current market...