What Is a Double Top? The double top pattern indicates a bearish reversal and warns traders about a possible trend reversal down at the top. This pattern is often found in the Forex market, as well as in the cryptocurrency, stock, and commodity...
GBP/JPY Analysis Update - August 10, 2024 Overview In today's analysis, despite the absence of high-impact data last Friday, the market exhibited relatively flat movement. The EUR/USD currency pair remained around the 187.05 mark. The GBP/JPY closed...
XRP's Q2 2024 report has unveiled key metrics, including on-chain activity, trading volume, regulatory progress, and lawsuit updates. Despite a 4% drop to $0.5155 on Friday, XRP remains a central figure in the crypto world due to its involvement in...
What is range trading in forex trading. Markets only trend about 30% of the time. This fact presents a problem for traders looking to capture big moves. The rest of the time markets tend to trade in a range, but what does this mean? A trading range...
USD/JPY Trade Analysis and Trading Tips Current Market Overview The USD/JPY pair tested the price level of 145.24 when the MACD indicator was significantly above the zero mark, which limited the pair's upward potential. Due to this reason, I...