EURUSD TECHNICAL ANALYSIS The EURUSD pair is exhibiting signs of weakness following a rejection at the critical resistance level of 1.09355. This suggests that sellers have firmly established control at this price point, making it a key hurdle for...
USD/JPY Technical and Fundamental Analysis Technical Analysis USD/JPY is currently in a downtrend on the H1 timeframe, with the price facing strong resistance at 148,300. The market has attempted to break this level but failed, suggesting that...
Forecast of GBPUSD The lower time frame charts reflect the current trade activity on many currency pairings. On the H1 and H4 time frame charts, I noticed that the GBPUSD price is trading within the range zones. Because market volatility was at its...
Coffee market crisis: Arabica rose in price by 70% The global coffee trade is experiencing a severe crisis caused by a sharp jump in the price of coffee beans. This provoked a decrease in the volume of purchases from retailers. At the annual...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....