The Counterattack candlestick pattern is a reversal pattern indicating a potential change in the market direction. It typically occurs at the end of a trend and consists of two candles: a strong candlestick in the direction of the trend followed by...
GBP-JPY H1 TIME FRAME On the second day of trading this week, the movement has not shown any significant changes. The gbpjpy market has opened at 190.40. In the Asian session, the price fell but was rejected again from the EMA 200 H1 which pushed...
USD/JPY technical analysis In observing price developments on the USD/JPY chart using the daily time frame, buyers can still dominate and influence price movements to continue moving in a bullish direction. Based on the candle pattern formed during...
USD/JPY Hourly Analysis and Selling Strategy As of now, the USD/JPY currency pair, with a one-hour timeframe, is trading at approximately 146.440. In today's market environment, my analysis indicates that selling is the more favorable strategy. I...
The EUR/USD currency pair's current position above the weekly pivot level of 1.0994, an increase from the previous week’s pivot of 1.0860, highlights a continuing positive sentiment in the short term. This upward movement in the weekly pivot level...