A Pennant pattern is a continuation chart formation observed in financial markets when a security undergoes a significant price movement followed by a brief consolidation before continuing in the same direction. This pattern resembles a small...
Important Points of USDJPY: The US dollar is moving quite well, which is causing the USD/JPY market to rise. However, this could also be a temporary concept, and the market's direction can change due to new data. Hence, I hope that in the coming...
•••EUR/JPY: Navigating the Sideways Market••• The EUR/JPY currency pair has been stuck in a sideways market for quite some time, with neither bulls nor bears able to gain a definitive upper hand. Despite several attempts to push through key...
•••EUR/USD Analysis: Navigating the Currents of Currency••• As the forex market rides the waves of economic shifts, the EUR/USD pair stands out, battling against a tide of challenges. This week, the euro is feeling the squeeze from a robust U.S....
GBPUSD Last week there were seven signals for the pound dollar. Two of them worked. And basically all the signals were false, they were false mainly due to the fact that from Tuesday to Wednesday the price was trading in a range. When it is trading...