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The USD/JPY pair has been trading within a specific range in recent times, fluctuating between support and resistance levels. However, the current market trends suggest the pair is poised to move downward, potentially breaking below the critical...
The diffused lamp is an important example of a candle used in technical analysis to identify potential changes in the market. It consists of two candles with the second candle completely covering the body of the previous candle, indicating a sharp...
USD/CHF Hello. As far as the correlation is concerned, I am the first to see if there is any inconsistency in the correlation with the US Dollar Index, and indeed, while last Friday the US Dollar Index confidently moved north. On the other hand, for...
The user has given a complex description of a market analysis and a trading strategy. The goal is to rewrite this text in simpler terms while maintaining the original meaning. The analysis involves understanding price movements within an ascending...