Important Points of EURJPY: The bullish concept may remain anymore today. Hence, the market of EURJPY is trading at 162.65 level and the buyers are trying to gain domination in the market. Generally, for the buy entry, I recommend a 15-pip take...
The pair is experiencing a moderate decline, retracing some of its previous gains after an approximately 2% rally over recent sessions. This movement reflects the ongoing divergence in monetary policy between the Federal Reserve (Fed) and the...
The price extended its gains late in Wednesday’s North American session, driven by the strengthening of the US 10-year Treasury note yield. The Greenback recovered against most G8 currencies, except safe-haven currencies like the Japanese Yen. By...
With the current price of 1.3655 situated below the mid-point of the Donchian channel at 1.3860, the emphasis is clearly on sales. Buying opportunities are not considered at this point. The strategy involves holding existing short positions and...
The three stars in the south: A candlestick pattern guide The Three Stars in the South candlestick pattern is one of the bullish reversal signals I’ve found useful during a downtrend. It consists of three consecutive small-bodied candles, each...