Trend line Chart Pattern The trendline chart pattern is a crucial concept in technical analysis, often used by traders and investors to understand price movements and predict potential future trends. Here's a breakdown of the key aspects: What is a...
The EUR/JPY currency pair experienced a decline during the Asian trading session on Tuesday. The Japanese Yen (JPY) strengthened due to increased geopolitical tensions and speculation about potential Japanese government intervention in the foreign...
Good afternoon. Yes, the pullback is ripe, buyers started to implement it yesterday, but so far they have not been able to break through anything important. In theory, they needed to consolidate behind the level of 1.26964 and reach the level of...
Silent Points of AUDUSD: Today, we can see that the Australian Monetary Policy has significantly strengthened this currency. It reached the 0.6522 level earlier this morning and is currently trading at the 0.6490 level. Since the U.S. and Washington...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good Morning Visitors. Let’s focus on the USD/JPY price action. USD/JPY is trading at 154.20 at the time of writing. The US dollar index is in negative territory, which indicates that the US currency...
