Weekly Analysisollar Index Surge Amid Tariff Threats Overview of the Dollar Index Movement On Friday, the dollar index (DXY) experienced a notable increase, rising to 108.2. This surge was primarily driven by the anticipation of reduced dollar...
Diamond Chart Pattern The Diamond Chart Pattern is a rare but powerful technical analysis pattern that signals potential trend reversals. It resembles a diamond shape on price charts and is typically found at market tops or bottoms. This pattern...
The USD/JPY pair in the H1 timeframe has been in a clear downtrend, with price action consistently making lower highs and lower lows. The movement has been respecting the Bollinger Bands, particularly the lower band, which indicates strong bearish...
Euro does not pull your legs While Donald Trump supports discussions with tariffs, central banks actively work on maximum transparency in financial markets. By the end of the week, namely February 7, the European Central Bank will publish its...
The EUR/USD H1 chart displays a clear structure of price movement, incorporating trends, support/resistance levels, and a moving average for directional guidance. The price action reveals a prior downtrend from late December through early January,...