The USD/JPY H1 chart shows a clear downtrend that has been in place since early February. The price is currently at 149.74, attempting a slight recovery after reaching a recent low. The Bollinger Bands show that volatility increased during the...
USD/JPY Analysis: Continuation of Bearish Trend Overview The USD/JPY currency pair has been experiencing a bearish trend since last week, and the outlook suggests that this downward momentum is likely to persist in the near term. This analysis will...
Today's technical analysis focuses on the EUR/USD currency pair. The market has been in a bearish trend, which has contributed to a decline in price. Recently, the market price broke through the weekly support level at 1.0438, subsequently reaching...
USD/CHF Analysis: Current Market Overview ???? Intraday Bias: Currently, USD/CHF remains in a neutral mode, with the market consolidating around the 0.9200 level. ???? Market Consolidation: This consolidation phase indicates that the market is...
Shooting Star Candlestick Chart Pattern The Shooting Star is a bearish candlestick pattern that typically appears at the end of an uptrend. It signals a potential reversal in price direction. Key Characteristics of a Shooting Star: Small Real Body...