EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
Gold prices (XAU/USD) demonstrated resilience on Monday, recovering from earlier losses and closing the North American trading session with positive gains. The precious metal's rebound pushed it near record highs above $2,800 per ounce, coinciding...
USD/JPY Market Analysis Daily Timeframe Overview: The USD/JPY pair is in a strong downtrend on the daily chart. Yesterday, the price tested the 144 support level, faced rejection, and then surged up to 155 before closing at 154. The daily candle...
The evening star is a bearish reversal candlestick pattern that forms at the top of an uptrend. It consists of three candles: a large bullish candle, a small-bodied candle (indicating indecision), and a large bearish candle that closes below the...
USDCAD Daily Time Chart Analysis The US dollar fell sharply against the Canadian dollar on Monday, hitting a 22-year low of 1.4792. The decline came after its peer currency pair managed to close above the previous high. Thus, its a signaling a...
