USD/JPY Outlook Greetings and Good Morning guys! On Friday, the market dropped sharply down and reduced below the 151.42 zone, signaling strong bearish pressure on USD/JPY. This sharp decline indicates that the sellers of USD/JPY have gained...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key technical analysis pattern used in stock, forex, and cryptocurrency trading. It signals a potential reversal from a downtrend to an uptrend and is classified as a bullish...
Bearish Mat Hold Candlestick Chart Pattern The Bearish Mat Hold is a rare but powerful continuation candlestick pattern that signals the continuation of a downtrend. It typically appears in strong bearish markets and is used by traders to confirm...
The EUR/GBP currency pair is currently exhibiting a downward trend, as evidenced by decreasing significant extremes and the price trading below the 120-period moving average, indicating stronger selling pressure. The zigzag indicator further...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning to all my friends and forum members. Let’s see what’s wrong with this time frame with the AUD/USD currency pair. So just go to the chart to see the condition of the current market...
