The USD/JPY currency pair has been experiencing significant fluctuations as it hovers around the 148 level. Traders and analysts are anticipating considerable volatility in this area, with the potential for the price to move both upwards and...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...
Analysis of NZDJPY on H1 Time Frame In the current analysis of the NZDJPY currency pair on the H1 (Hourly) time frame, we observe a prevailing downward trend. This trend is supported by several technical indicators, which indicate that the market...
AUDUSD ANALYSIS The AUD/USD pair is trading at 0.6204, showing signs of consolidation after recent price movements. The Australian dollar remains influenced by U.S. dollar strength, commodity prices, and global risk sentiment. Traders closely...
#GOLD Gold prices rose during today’s trading, against the backdrop of the weakness of the US dollar, which market players associate with negative expectations regarding the US economic growth rate, or rather expectations of a decline in the US GDP...
