USDJPY Price Action: Our discussion concerns analyzing the current pricing behavior of the USD/ JPY currency pair. Based on the four-hour chart, the wave pattern follows its order, and the MACD bounces back into the buy zone above its signal line....
A broken trend in financial markets refers to the moment when a previously established direction of price movement—either upward (uptrend) or downward (downtrend)—loses its strength and is no longer sustained. In an uptrend, prices typically form...
Risk Sentiment Correlation Strategy in Forex Trading Risk sentiment is the invisible current that moves nearly every currency pair, and the Risk Sentiment Correlation Strategy is about trading that current instead of fighting it. In forex,...
Technical Analysis of Ethereum 1. Chart Description and Content Today we have a 30-minute chart for Ethereum. It uses daily pivot levels to identify support and resistance levels. The chart currently shows five levels that influence short-term...
Technical analysis of GBPJPY On the H1 timeframe, GBP/JPY is currently trading around the 215.50–215.70 region, approaching a key resistance zone that has repeatedly capped price advances. The market structure reflects a gradual bullish recovery...