CADJPY Daily Outlook The CAD/JPY pair is currently trading at 102.59 and is showing signs of consolidation after a recent decline. The currency pair is struggling to regain its upward momentum and the technical scenario clearly points to a bearish...
Technical analysis of EURGBP Today I chose EUR/GBP for technical analysis. The EUR/GBP market price fluctuates violently between the 0.8571 resistance level and the 0.8522 support level. If there is a large deficit in the market price, the current...
ANALYSIS OF USD/JPY PAIR. On the USD/JPY 1-hour chart, the market exhibits a notable transition from a prolonged bullish structure into a sharp bearish reversal, currently undergoing potential consolidation near a critical horizontal level around...
In contrast, long-term trading in Forex provides a more measured approach. Traders can take advantage of broader market trends, allowing them to manage a substantial financial portfolio. Over time, this strategy facilitates the achievement of profit...
Before delving into the specifics of the Evening Star pattern, it's important to grasp the fundamentals of candlestick analysis. Candlestick charts provide visual representations of price movements over a specified period, typically displaying open,...
