Analysis chart USD/JPY hourly chart finally beaks into the buying area, because the upper border of the Ichimoku Cloud indicator has been broken upwards and it has consolidated above the indicator, which also confirms the northern mood for the...
The USD/JPY currency pair is showing signs of bearish momentum, as investors react to growing concerns over a potential economic slowdown in the United States and weakening global growth prospects. The recent deterioration in macroeconomic...
The Evening Star candlestick pattern is a bearish reversal pattern used in technical analysis to predict potential trend reversals in stock prices. It's considered a reliable indicator by traders and analysts2. Here's a detailed explanation: What...
The EUR/USD currency pair is currently trading near a key resistance level at 1.0310, which serves as a critical point in determining the market’s next move. As long as the price remains below this level, the risk of further decline remains high,...
Reading the EUR/USD Prices Our discussion centers on decoding the live EUR/USD currency pair's pricing movements. The EUR/USD pair began the week with a noticeable bearish gap, highlighting market uncertainty following weekend developments....
