Hammer Candlestick Chart Pattern The Hammer candlestick is a significant chart pattern in technical analysis, commonly used in both Forex and stock trading. It signals a potential reversal in price trends, particularly after a downtrend. Here's a...
EUR/JPY Technical Analysis On the EUR/JPY H4 time frame, we can see that the market remains heavily skewed in favor of sellers, with bearish momentum firmly dominating the overall trend. Over the past several sessions, the pair has been consistently...
USD/JPY: A Roadmap to Successful Trading We can discuss the analysis of the USD/JPY currency pair's price behaviour. On Thursday, the USD/JPY pair experienced a steady decline on the daily chart, closing near the support level of 148.380. The price...
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...
Gold Price Action Outlines We are currently discussing the analysis of Gold's price behaviour. I observe the pair moving within a bullish channel on the hourly chart. Yesterday, the pair rose to the channel at 2655. The price reversed after briefly...