Good morning , regarding the potential trend on the GbpJpy pair, if observed through the 4-hour time frame chart, it shows a Downtrend price where until now the candlestick has fallen around the 188.44 zone. Now it is clear that the buyer has indeed...
On the fundamental side, the pair is grappling with a cautious stance from the Reserve Bank of Australia (RBA), coupled with rising global instability, which continues to weigh on market sentiment. Although the U.S. inflation rate is easing,...
During the European trading session on Tuesday, December 3, US crude oil posted modest gains, closing at around $68.85 per barrel. There was no clear direction due to mixed fundamentals. The market saw weaker trading. To support the recovery in oil...
The Hammer candlestick pattern is a bullish reversal pattern often seen at the bottom of a downtrend. It signals that sellers initially drove prices lower during the session, but strong buying pressure ultimately pushed the price back up near the...
D1 period chart - USDJPY currency pair. Another trading week has passed, and at the same time a trading month. The price movement was multidirectional. In the first half of November, buyers clearly dominated, continuing, as if by inertia, the upward...
