EUR/JPY EUR/JPY has been showing strong bearish momentum today, opening with a downside gap and breaking key support at 160.20. It quickly hit the 158.40 target, reinforcing the ongoing downtrend. Right now, I’m keeping an eye on the next support...
The USD/CAD currency pair remains in a technically significant zone, consolidating near the pivotal support level of 1.4625. This level has acted as a critical inflection point in recent trading sessions, dictating the short-term market bias. From a...
The GBP/USD pair continues to experience heavy selling pressure, driven by a combination of weakening U.K. economic fundamentals, a shifting interest rate outlook, and persistent concerns over global economic uncertainty. The British pound has...
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,...
