Let’s be completely honest: until you understand where liquidity sits, your own stop loss is likely serving as liquidity for someone else. Every time you place a standard buy order right on a retail support line and put your stop loss just 10 pips...
GBP/JPY Technical Analysis: The GBP/JPY currency pair, traditionally known for its high volatility and rapid movements, is experiencing a highly crucial technical phase. Traders at InvestSocial forum are closely watching the cross-currency asset as...
USD/JPY on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors The U.S. dollar continued to outperform most major currencies on Thursday after the Federal Reserve delivered a message that markets viewed as more hawkish than...
In reaction to an interim agreement between the United States and Iran, oil prices dropped on Thursday. The agreement might reopen the Strait of Hormuz and put an end to the war with Iran. Iranian oil may once again be available on international...
H1 Technical Analysis – Capitulation to 113.839, RSI 33.86, Price Below All MAs *Technical Structure* H1 is trading at *113.839*, consolidating after a steep selloff from *114.810* highs on June 16. Price collapsed through the MA stack and is now...
