Consolidating above the critical 108.00 mark, the US Dollar Index (DXY), which compares the value of the US dollar to a basket of currencies, continued to rise on Tuesday. The market mood worsened after further worries about tariffs and poor US...
The USD/CHF hourly chart (H1) indicates that the price is currently 0.9109, after reaching a session high of 0.9113 and a low of 0.9099. The trend appears to be recovering from a recent decline, with the price now trading within a consolidating...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price rises and forms an ascending channel. Breaking this channel of the market price is of great help to the price increase. If the market price is above this,...
Evening Star Candlestick Chart Pattern The Evening Star is a bearish candlestick pattern that signals a potential reversal in an uptrend. It typically consists of three candles and appears at the top of an uptrend, indicating that the bullish...
EUR/USD Technical Analysis The EUR/USD price has been in a consolidation phase for some time after a significant upward movement. We see a short-period moving average line (eg MA 20) that is above the longer-period moving average (eg MA 50) in...
