T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning to all my friends and forum members. Let’s see what’s wrong with this time frame with the EUR/USD currency pair. So just go to the chart to see the condition of the current market...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
On Monday the 28th, there are 3 full working days left until the close of the April candle. This is essentially the time for the formation of the body and upper shadow of the MN candle. The analysis of the construction of the April candle shows...
Over the past few trading sessions, we've observed a discernible downward trajectory in the price of gold. If we cast our minds back to around the 22nd of the month, it appears the price reached a high point and has since been engaged in a steady...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...