USD/JPY H4 MARKET ANALYSIS. Good afternoon, After the market opened this morning, I saw the USD/JPY pair lower at 140.26 for several hours, as if to tell traders that the market was quiet in the Asian session, with no signs of where the market...
The Diamond Chart Pattern is a technical analysis formation used by traders to identify potential trend reversals in financial markets. It is a rare pattern compared to other formations, such as triangles or head-and-shoulders, but it can be highly...
The price of gold (XAU/USD) is currently trading higher near $2,580 in the early Asian trading session on Monday. The precious metal reached a record high of $2,586 on Friday, driven by growing expectations of a significant rate cut by the Federal...
The AUD/USD currency pair is currently trading around 0.6557, and the overall trend is bearish. The market has been moving slowly for a while, indicating a period of consolidation or low volatility. However, despite the recent sluggish movement,...
What is the Diamond Chart Pattern? The diamond chart pattern is a technical analysis pattern that shows trends in a stock’s price movement. The diamond pattern is considered a reversal pattern, as it shows a transition from an uptrend to a downtrend...