The spot price began the week on a bearish note, slipping to trade around 1.0970 during Tuesday’s US session as investors shifted their focus to the upcoming US Federal Reserve (Fed) policy decision later in the week. Market uncertainty persists,...
The pair's recent gains may encounter resistance as the pair finds support from a series of robust economic data releases. Capital expenditure by Japanese companies rose by 7.4% in the second quarter, marking the thirteenth consecutive quarter of...
USD/JPY Market Outlook Greetings and Good Morning to all Visitors! The US FOMC meetings and Core CPI rate will help the buyers to cross the resistance zone of 148.75 in the coming days. So, the USD/JPY traders should determine a buying setup...
What Is an Evening Star? The evening star pattern is a three-candle pattern that technical analysts use to analyze stock price charts. It is a bearish signal and suggests a potential trend reversal from bullish to bearish. In other words, an evening...
The bearish Mat Hold pattern starts with a long white candle extending the uptrend. The next three candles are black, showing the introduction of selling pressure. However, none of these black candles fully engulf the range of the first white...