On Monday, the yen weakened against the dollar, largely due to expectations surrounding the upcoming Federal Reserve meeting on Wednesday. After experiencing a decline late last week, the USD/JPY pair is now attempting to enter a correction phase....
Trading Analysis Update Saturday, October 12, 2024 H4 Chart Review The structure of the EURUSD pair price movement pattern in this week's trading clearly shows that the market stopped under selling pressure coupled with a trend that remains...
The GBP/USD currency pair is currently trading around the 1.30140 level, and the market is experiencing a bearish trend. This suggests that the British pound (GBP) is weakening against the U.S. dollar (USD). The current downtrend appears to be...
AUD/USD Analysis We will likely continue to fall without a reversal to the north. We will move inside the confines of the channel, but how this movement will take place is another story. The price may maintain such a trend channel's upper or lower...
Introduction Candlestick patterns have long been a valuable tool for traders and investors in the field of technical analysis. These patterns provide visual representations of price movements and offer insights into potential market reversals and...