The EUR/JPY currency pair is currently trading around the 162.755 level, and recent market trends indicate a bearish inclination. While the pair has seen a slow and steady movement downwards, there are signs that a significant shift may be imminent....
GBP/USD Price Movement Update GBPUSD on the H1 timeframe's main trend looks bearish, indicated by the price position that continues to move below the EMA 50. The consistently decreasing EMA 50 emphasizes the dominance of selling pressure, indicating...
•••GBP/USD: Today's Analysis and Market Outlook November 18,2024••• The GBP/USD pair reflects a cautious market sentiment today, with live trading rates at buy: 1.2641 and sell: 1.2638. This reflects tight spreads in a market grappling with mixed...
Technical Analysis USD7JPY D-1 Chart Hello, mate! Congratulations on the start of a new trading week! As for USD/JPY, the daily chart highs make it all clear: the move has been charged in an ascending channel since mid-October. Right now we are...
Hook and Hook Reversal Chart Patterns The Hook and Hook Reversal patterns are chart patterns often analyzed by traders and technical analysts. Here’s a detailed explanation: Hook Pattern The Hook pattern typically signals a continuation of the...
