Chart patterns are essential tools utilized by traders and analysts in financial markets to predict future price movements. These patterns emerge from the collective behavior of market participants and provide valuable insights into market sentiment...
The Japanese yen (JPY) commenced the European trading session on Thursday with a discernible bearish undertone. This inherent weakness in the yen, when combined with a moderately stronger US dollar (USD), facilitated the stabilization of the USD/JPY...
Date: 17th April 2025. Economic Data Lifts Crude Oil — Will Resistance Stall the Rally? Crude Oil However, if the price continues to decline and establish itself below the 200-bar simple moving average in the 3-minute timeframe, the sell signals...
EURJPY Analysis The EUR/JPY pair has recently been range-bound after falling to 158.14 last week. Strong recoveries from these lows suggest that buyers remain active, but the pair faces significant resistance at the 163.00 level. The region has...
USDCAD Technical Analysis 17 April 2025 Forex Analysis - Technically, I see that the USDCAD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame USDCAD...