Blog News

The USD/CAD currency pair is currently in a downtrend and is likely to continue its bearish movement. This outlook is reinforced by a downward-sloping trendline, alongside a Bearish Engulfing candlestick pattern signaling strong selling pressure. Furthermore, the price action is forming a Double Top chart pattern, which is a strong technical signal for a potential […]
The AUD/NZD currency pair is currently showing strong potential for further upside. This bullish outlook is supported by the formation of a well-structured Bullish Pennant pattern. If the price manages to break out from this pattern, the upward move is expected to be significant, potentially reaching the predefined target level. Recommendation: *DISCLAIMER: All content in daily forex […]
The AUD/USD currency pair is currently showing bullish potential with the possibility of breaking through the previous resistance area. If bullish momentum continues, price is expected to target the strong resistance level at 0.65848. This movement reflects strong buying sentiment as long as the price remains above the nearest support zone. Recommendation: *DISCLAIMER: All content in daily […]
The NZD/USD currency pair is showing upside potential after undergoing a trend reversal from bearish to a solid bullish phase. This bullish momentum is likely to push the price toward forming a new resistance level at 0.60226. As long as price holds above the nearest support zone, the potential for further upside is expected to […]
The AUD/JPY currency pair is currently showing downside potential after reaching its recent high, which raises the possibility of a trend reversal. The bearish outlook is reinforced by the formation of a swing high, indicating fading buying pressure. In addition, price action is showing signs of forming a double top pattern, a common technical signal […]
The GBP/USD pair is extending its upward movement after completing a secondary trend phase. Bullish signals are also confirmed by a valid swing low on the H4 timeframe, indicating potential for continued upside momentum. As long as price holds above the nearest support area, the probability of reaching the next resistance target remains strong. Recommendation: […]
The GBP/JPY currency pair is currently showing strong bullish potential. This outlook is supported by an upward trendline, indicating that buying momentum remains intact. Additionally, the formation of a swing low pattern further supports the potential for continued upside. Another reinforcing factor is the presence of a bullish candlestick confirmation, signaling strong buying interest in […]
The NZD/USD currency pair is currently showing strong bearish potential. This outlook is supported by the formation of a double top chart pattern, a common technical signal of a potential reversal from bullish to bearish. Additionally, the presence of a swing high reinforces the likelihood of continued downward movement. As long as the price remains […]
The yen weakened again, with USD/JPY climbing to 147.60 after hitting an intraday low of 146.70 during the Asian session. A Suspicious Ending Diagonal pattern forming on the H1 timeframe suggests the potential for further upside, with price targets at 148.70 and 150.20 — both aligning with the Fibonacci extension levels of the pattern. Recommendation: […]
The EUR/JPY currency pair is currently showing potential for further decline. This signal comes from the formation of a swing high pattern, which signals the weakening of buying pressure and the strengthening of seller dominance. This condition reinforces the view that prices are likely to move lower, in line with the ongoing weakening trend. Recommendation […]
Account
Instrument
Protection
Tools