Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market price has risen steadily, and a closed channel has been formed. The market price is currently fluctuating wildly between 159.36 resistance and 158.75 support. If...
What do you guys think? Most indicators are laggy and work only in certain conditions, whereas if you can master price action, you can do well in any...
Based on the screenshot provided, here is a detailed technical analysis of the GBP/USD (Pound Sterling vs. US Dollar)** chart on the H1 (1-Hour) timeframe. 1. Indicator Chart Setup Asset/Timeframe: GBP/USD, Chart (H1). Current Price: 1.34280 (as...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
Gold is struggling to regain momentum after this week’s aggressive selloff, with the metal hovering just above the critical $4,500 psychological threshold as investors continue rotating toward the US Dollar and higher-yielding assets. What makes the...