USD/JPY H-4 H4 period chart - USDJPY currency pair. It’s clear now that last week we didn’t really go anywhere, and I continue to stick to the upward scenario. We didn’t go for the time being. The general trend in all older periods, starting from...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...
Let's examine the chart for the trading instrument GOLD during period D1. The wave structure for this older period still depicts an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The...
The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the support...