The recent performance of the GBP/USD currency pair has showcased significant volatility, driven by both UK and US economic factors. One crucial element supporting the pair’s upward trajectory is the broader weakness of the US dollar. The US Bureau...
USD/JPY H4 Timeframe. The USD/JPY currency pair. The wave structure is currently built in a downward order, the MACD indicator is in the lower sales zone and again below its signal line. After the minimum of last August was updated, a bullish...
The USD/JPY pair has been trading within a tight range during the Asian session, remaining close to yesterday's closing levels. The yen weakened against the dollar on Monday. This move in the pair is due to expectations for the upcoming Federal...
Analysis of the AUD/USD Trading Pair Current Market Range The AUD/USD pair has been trading within a specific range for some time, and my analysis suggests that the pair may decline to the support level at 0.65209. Historically, this level has...
Bearish Pin Bar The bearish pin bar pattern is the opposite of the bullish pin bar pattern and it indicates a potential bearish reversal in the market. A bearish pin bar pattern consists of a single candlestick with a long upper shadow, a small...