To guide our trading decisions effectively, we will leverage a combination of momentum indicators, moving averages, and support/resistance levels. These tools provide visual cues and quantitative data, helping us to make more informed choices in the...
EUR/JPY: The EUR/JPY currency pair has shown some interesting movements recently. After reaching the pullback level of 168.50-168.75, the price attempted to break through but failed, stalling around the 168.20-168.64 range. This suggests that there...
THE CURRENCY PAIR GBP-JPY On the chart presented in the form of Heiken Ashi candles, the formation of a bullish signal is clearly visible at the moment, so I think it would be advisable to consider only purchases now. A combination of trading...
WHAT IS CHART PATTERN A chart pattern is a graphical representation of a stock's price action over a specific period, forming a recognizable shape or structure. These patterns can help traders and investors identify potential trends, predict future...
The USD/CHF currency pair has recently shown an uptrend that market analysts are closely monitoring. This upward movement could either be a corrective phase or the start of the fifth wave in the broader market cycle. On the hourly timeframe, it is...