USD/JPY: The current analysis of the USD/JPY currency pair indicates a notable upward trend, particularly following a recent rebound from the support level at 148.51. This level has acted as a strong support point, signaling potential for further...
HOOK REVERSAL PATTERN _Hook Reversal Pattern: A Comprehensive Guide_ _Introduction_ The Hook Reversal pattern is a technical analysis tool used to identify potential reversals in financial markets. This pattern is characterized by a distinctive...
It's just that there is calm on Thursday after big losses the day before. In the European session, USD/JPY is trading at 148.88, down 0.28%. Fed minutes: Next cut likely to be 25 bps The Federal Reserve released minutes from its September meeting on...
Forecast of USDJPY: The USD/JPY currency pair is currently experiencing gains, but these may encounter significant resistance around the 148.70 region and the key psychological level of 149.00. These resistance levels are critical, as they could...
Discover the significance of shooting star candlestick patterns in technical analysis. Learn to identify this reversal pattern, its characteristics, and how to implement effective trading strategies. Understand the importance of confirmation with...