Rounding Top Candlestick Pattern in Forex Trading. The Rounding Top candlestick chart pattern is one I often watch out for when analyzing market trends, as it signals a potential shift from an uptrend to a downtrend. This pattern forms a curved,...
USD/JPY Price Action Forecast We are currently examining the current analysis of the USD/ JPY currency pair's price assessment. I also expect USD/JPY to move higher, as it has rebounded from the support level at 141.51. It's clear that the pair has...
EUR/JPY technical analysis has been conducted on the H4 chart, using trend lines, indicators, and resistance and support levels to gauge the market's potential direction. Currently, the market is in an uptrend, moving toward breaking the resistance...
USDJPYrice Forecast We intently analyze the current appraisal of the USDJPY currency pair's pricing behavior in our discussion. As can be observed from the daily timeframe, the USD-JPY tends to continue moving laterally around MA 200. The potential...
Losses in Forex Trading and Strategies to Minimize Risk Introduction The Forex market, known for its high volatility and liquidity, attracts traders seeking significant profits. However, many traders, especially beginners, experience substantial...