Analysis of USD Currency Pair Behavior In recent trading sessions, we have observed significant movements in the USD currency pair, leading to notable changes in market sentiment. Bullish Breakdown Misleading Yesterday's attempt to break above the...
Technical Analysis: EUR/USD EUR/USD trades with caution above 1.1000 as the focus shifts to the US NFP. A sharp expansion in the US ISM Service Prices Paid has renewed fears of price pressures remaining persistent. ECB Schnabel remained concerned...
The single European currency (euro) is currently under some pressure as it approaches the 1.11 level again. The overall market sentiment remained largely unchanged yesterday, with no new messages emerging from the speeches of Fed Chair Jerome Powell...
Analysis of Price Action in USD/JPY Overview of Market Dynamics The recent price action in the USD/JPY currency pair has exhibited significant momentum, characterized by multiple liquidity grabs and the formation of displaced liquidity (DLiq)...
What Is a Double Top Pattern? In technical analysis, a double top pattern meaning refers to a chart pattern that consists of two swing highs with a trough in between, and the two highs should be at the same or almost the same level. Some traders...