The USD/JPY currency pair has been a focal point for many traders and investors due to its significant role in the forex market. As of now, the pair is trading at 159.64, and the prevailing trend appears to be bearish. This movement suggests that...
In forex trading, a bearish pattern indicates the possibility of a reversal from an uptrend to a downtrend or confirmation of a continued downtrend. Here are some common causes of a recession. 1. Recession scope planning A two-candle model with the...
A Closer Look at Silver Prices We will discuss the current behavior analysis of the Silver price. After the price dropped on Friday, it has resumed its upward trajectory. Previously, we saw steady growth, with a minor correction expected before the...
I don’t trade weekly; if you look at weekly timeframes, there will be a flat for almost half a year, but on junior timeframes, there is still movement on which you can work. There seems to be an opportunity to break through to the north, but so far,...
Price Action Analysis: EUR/ USD In our discussion, we'll analyze the price changes of the EUR/ USD currency pair. For Envelopes, growth was likely to be 1.0732. Closing the H4 candle above this level would negate the bearish movement. However, after...