The price struggled against most of its major peers, except some Asia-Pacific currencies, during North American trading hours last Friday. Despite expectations of a shallow interest rate cut cycle from the Bank of England (BoE) compared to other...
USD/JPY Market Movements We'll analyze the USD/JPY price changes in our discussion. I anticipate a price decline for the USD/JPY pair due to a notable divergence with the MACD indicator on the four-hour chart. This divergence signals a possible...
What to Identify Cup and Handle Pattern in Forex Trading. The Cup and Handle Pattern provides traders with ideal entry or buy signals in a market during an uptrend. In this article, we discuss everything about the Cup and Handle Pattern and the...
The Shooting Star Candlestick Pattern: A Simple Guide to Spotting Reversals in Trading Ever feel like the market is playing tricks on you? One minute, prices are soaring, and just when you think the trend will keep going, everything reverses. That's...
The USD/CHF currency pair is currently trading around the 0.8574 mark, and the prevailing trend is bearish. This downward movement reflects broader market sentiment where the Swiss franc has shown strength against the US dollar, potentially due to...