Market conditions remain highly uncertain, presenting a volatile environment for traders. One of the key risks comes from the potential for a bearish breakdown due to the Rising Wedge pattern, which could signal a reversal after the recent uptrend....
USD/JPY has come under renewed selling pressure, easing toward 157.00 after Japanese Finance Minister Kato's verbal intervention. The pair erased early gains, induced by the October BoJ meeting Minutes. However, the downside could be limited as the...
The confirmation of a Hanging Man candlestick pattern suggests potential short-term bearish pressure, signaling that the pair could face a pullback shortly. While the U.S. Dollar has shown resilience, recovering some of its recent losses, the...
While recent gains in the pair have offered some hope, these improvements may prove unsustainable given the strong resistance levels in place and the hawkish stance of the Federal Reserve. The Fed’s ongoing commitment to high interest rates and the...
The Australian Dollar (AUD) has recently gained a temporary boost, driven by the ongoing weakness of the U.S. Dollar. However, external risks—particularly those stemming from China—could soon erode these gains. Geopolitical tensions, including the...
