Forex flat wave In my experience with Forex trading, I often come across the concept of a "flat wave," which is a part of Elliott Wave Theory. This theory suggests that market prices move in waves, consisting of both impulsive waves (which go with...
EUR / JPY: An hourly trading road map The market level of EURJPY was at 163.06 on Friday, marking a key point in the ongoing price movement. If we look at the chart below, investors can observe that the bulls have pushed the pair into an overbought...
Analysis of the EURUSD pair in the Daily time frame. The EURUSD pair at the end of last week was dominated by sellers, who again managed to hold back the bullish pressure from buyers by maintaining the seller's resistance area at a price of...
EURUSD H1 The EUR/USD pair is currently trading around 1.1069 and remains in a corrective phase. I anticipate further declines but expect a corrective rebound toward 1.1099 before the pair resumes its downward movement. Technical indicators are...
The spot price is trading with a modest positive bias around the mid-1.3060 region during the Asian session on Monday. Despite this upward movement, the pair lacks strong buying momentum and remains below the weekly top reached the previous day. At...