Analysis of the JPY Pair Movement During Trading Sessions European Session: Lack of Direction The movement of the JPY pair began during the US trading session, which contrasted sharply with the stagnant price action observed in the European session....
The NZD/USD currency pair has recently displayed a bearish trend, indicating a potential decline towards the support level of 0.6210. This outlook suggests that market participants are positioned for further downward movement, potentially influenced...
The spot price has extended its losing streak to three consecutive days, though it has recently bounced off its daily and weekly lows of 1.3066, now trading at around 1.3120. The currency pair faced downward pressure following the release of US...
The Evening Star is a bearish reversal candlestick pattern that signals the potential end of an uptrend and the start of a downtrend. It's one of the more reliable patterns traders use to predict market reversals. The Evening Star consists of three...
Today's market analysis reveals a strong bullish sentiment as we observe several key developments in price action and technical indicators. The price movement has been particularly significant after a notable bounce from the daily support level of...