GBP/USD Analysis: The FOMC news calendar was empty, indicating no imminent announcements or events to impact the market. This lack of news suggests there are no immediate obstacles to continuing the downward movement of the price to the 1.2810...
GBP-CHF PAIR ANALYSIS Yesterday's weakening had a fairly good impact which temporarily thwarted buyers' efforts to push up pricesBP-CHF e dominant sellers in Tuesday's trading formed a bearish candle on the daily with highs and lows formed at...
USD/JPY Trading Overview and Tips When the USD/JPY tested the price of 154.72, the MACD indicator began to move below the zero mark, which confirmed an entry point for selling the dollar. As a result, USD/JPY saw a decline of 40 pips. After bouncing...
USD/JPY Price Recap In this discussion, we will cover the price movements and analysis of the USD/JPY currency pair. Currently, the USD/JPY pair is holding above the level of 153.97, indicating a strong upward trend and potential to target the...
Pennant Chart Pattern The pennant pattern is a widely recognized formation in technical analysis, especially in forex trading. This pattern indicates a continuation of the prevailing trend and helps traders predict future price movements....