EUR/JPY – Bullish Trend Continues, New Buying Opportunity After Correction Good morning, AsonganFX community! Last night, the market continued its upward rally; however, it struggled to break through the 162.00 zone. Observing current market...
Market Analysis and Trading Recommendation Current Price Action The opening price is currently above the pivot level of 1.4874, which indicates a bullish trend in the market. This positioning suggests that buyers are in control, and there is...
Technical Analysis Recently, the EUR/GBP pair has formed a series of lower highs and slightly lower lows, indicating the presence of a falling wedge pattern. This pattern is often seen as a bullish reversal signal; however, confirmation is...
Technical analysis of Crude oil Crude oil was selected for today's technical analysis, and crude oil prices fell rapidly. The trendline that helped its price fall for several days has now been broken. The market price fits the position line very...
AUDUSD Daily Time Chart Analysis The daily chart of the AUD/USD pair shows a clear change in the market structure, indicating that the long-term downtrend is coming to an end. The pair has been in a significant volatility phase, marked by highs and...