Fibonacci retracement is one of the most widely used tools in forex trading, helping traders identify potential entry and exit points with greater precision. Rooted in the mathematical sequence discovered by Leonardo Fibonacci, this technique is...
DAILY CHART ANALYSIS OF CHFJPY The bullish structure of the CHFJPY currency pair shows that it has progressed into a corrective phase after failing to maintain consistently higher highs. Starting from the base near 192.25, CHFJPY has demonstrated a...
Technical analysis of GBPJPY On the H1 timeframe, GBP/JPY appears to be trading in a consolidation phase following a recent corrective move, with price currently hovering around a mid-range level. Despite the chart image being slightly unclear, the...
EURUSD Price Analysis: We will be exploring the analysis of the EUR/ USD currency pairs price fluctuations. Tomorrow, a key indicator for the US GDP for the second quarter and data on benefits will be released. Considering todays technical...
GBP/USD H4 TECHNICAL ANALYSIS Hello. Yes, the end of the month often brings sharp and unpredictable moves, and we’re clearly seeing that kind of behavior now. The pound, in particular, showed strong downward acceleration yesterday, and sellers...
