Bear flag patterns are technical chart formations that signal the continuation of a downtrend in the forex market. These patterns are commonly used by traders to identify potential entry points for short positions, allowing them to capitalize on the...
NZD/ USD analysis The NZD/ USD currency brace is presently passing a bullish trend, with a crucial resistance position set between0.6153 and0.6200. request judges are eyeing the coming price target for buyers at an untested resistance position...
Trading Signals through USD/ JPY Our conversation focuses on the ongoing evaluation of the USD/ JPY currency pair's price assessment. I had hoped for a different scenario for the yen pair, but the situation remains unchanged. Despite today's...
The Story in the Charts: Gold Let's discuss the current price behavior analysis of the Gold. Bears exert pressure today, potentially causing a rebound from the descending trend line to a high of 2448.71. If this movement continues and we observe a...
Hello all traders how are you? The EUR/JPY currency pair has shown recent interesting movements. It reached the pullback level of 168.50-168.75 but failed to break through, stalling between 168.20 and 168.64. This indicates strong resistance...