USDJPY outlook The USD/ JPY brace continues to show strength due to divergent financial programs between the Federal Reserve and the Bank of Japan. The Federal Reserve has maintained a hawkish station, raising interest rates to manage affectation,...
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 brace is presently facing strong resistance at 1.0310, a position that plays a pivotal part in defining the coming request movement. As long as the price remains below this crucial resistance, the bearish trend remains complete, and...
The USD/ CAD currency brace has been showing signs of a strong uptrend, with prices remaining elevated above the vital support position of 1.4625. This position has acted as a pivotal point of reference in recent trading sessions, with request...
GBP/USD Technical Analysis On the H1 timeframe, the GBP/USD pair is currently in a clear downtrend supported by a well-defined bearish market structure. A descending trendline is drawn on the chart, showing that the price consistently follows this...