**EUR/JPY Market Analysis - August 6, 2024** The EUR/JPY currency pair is currently signaling a compelling sell opportunity amidst a pronounced downtrend. Recent market movements have seen a significant breach below the critical support level of...
GBP/USD Analysis: Interest Rates Lead to Increased Selling Pressure The pound fell to $1.2710, close to a one-month low, as investors expected the Bank of England to accelerate rate cuts. The decline came as concerns about a U.S. recession also sent...
Hockey Candlestick Chart Pattern Candlestick patterns are essential tools for traders and investors, providing visual representations of price movements in financial markets. Among the various patterns, the Hockey Stick Candlestick Pattern stands...
Bitcoin (BTCUSD) Daily Technical Analysis and Trading Ideas Date : August 6, 2024 Currency Pair : BTCUSD In the daily technical analysis for Bitcoin (BTCUSD) on the H1 time frame, we use the Moving Average (MA), Moving Average Convergence...
USD/JPY H-1 As of this writing, the USD/JPY pair is undergoing a northern correction in the upper half of the chart, at 145.478. The Instaforex indicator on this forum shows a slight advantage for buyers in the first section, with a range of...