Good afternoon, traders! Today, there is no major news specifically related to the EUR, but the upcoming US events will likely play a significant role in the market's direction later on. To put this optimistic backdrop into context, it's crucial to...
EUR/USD Market Outlook Based on the H4 TF reference above, it can be seen that there is a decline that has been able to cross the moving limit of the 200 MA (blue) with the condition of a bearish Gap forming past the 200 MA limit. This confirms that...
On Tuesday, the pair experienced a reduction of approximately a quarter of a percent as market sentiment turned negative following U.S. economic data releases. These data points did not indicate a significant economic slowdown in the U.S., dampening...
USD/JPY Market Forecast Greeting and Good Morning guys! The incoming news data related to the US dollar will change the market sentiment of USD/JPY. Therefore, we should trade carefully and accordingly. For me, I prefer a buy order on USD/JPY with...
trade by Fibonacci fan Fibonacci fan is a technical analysis tool used by traders to identify potential support and resistance levels in the financial markets. The tool is based on the Fibonacci sequence, a series of numbers in which each number is...