ANALYSIS OF USD/JPY PAIR. The USD/JPY H1 chart exhibits a notable downtrend over the past several weeks, with price action consistently moving below the 200-period moving average, confirming bearish sentiment. The most significant price drop...
Gold Market Update: Bullish Start to the Week The Gold market opened this Monday with a notable bullish gap, signalling strong buyer interest at the beginning of the week. After last week’s significant sell-off, which saw prices plummet from the...
GBP/USD As of today, GBP/USD is consolidating within a tight range, showing indecision in the market. The pair is hovering between key levels, with the 50-day EMA acting as support near 1.2500, while the 200-day EMA presents resistance around...
In this article, we will explore some of the most common chart patterns in forex trading and how they can help traders make better-informed decisions. We will cover both reversal and continuation patterns, offering practical examples and tips on how...
EUR/USD As of today, March 3, 2025, EUR/USD is showing bearish momentum, currently trading around 1.0375. The pair has struggled to maintain its upward channel, suggesting further downside risk. If it breaks below key support at 1.0280, we could...
