My Technical Analysis: EUR/JPY 4-Hour Chart Looking at this 4-hour chart, I see EUR/JPY in a well-defined downtrend that has been making consistent lower lows. Price has declined from the 183.861 region, breaking through multiple support levels,...
I see the USD/CHF pair continuing to show signs of upward pressure as I analyze the recent price action, and I note that the move above the 0.8000 level reflects underlying bullish sentiment that I cannot ignore despite the lack of a clean breakout....
Intraday trading in forex refers to the practice of buying and selling currency pairs within the same trading day, with all positions closed before the market session ends. Unlike swing or position trading, where trades may last for days or weeks,...
My Technical Analysis: AUD/USD 4-Hour Chart Looking at this 4-hour chart, I see AUD/USD in a well-defined downtrend that has been making consistent lower lows. Price has declined from the 0.72200 region, breaking through multiple support levels,...
I am observing that the GBP/JPY pair showed relatively better directional movement compared to the major currency pairs, and I am noting that despite the generally dull market conditions, it still managed to develop a mild intraday trend. I am...