What is bar and line chart in forex trading. A lot of traders prefer the line chart to Japanese candlesticks or bar charts. For example, many traders who trade the stock market prefer to use line charts to see price movements. This is because they...
TRADING CHART ON USD/JPY M30. The provided chart of the USD/JPY currency pair on the M30 timeframe reveals a notable shift in momentum from a previous bearish trend to a strong bullish recovery. Initially, the pair underwent a pronounced decline,...
USD/CAD Price Dynamics: It forms a series of higher peaks and valleys in the daily time frame. But, indicators give inverse signals. Yesterday, the market opened at the 1.4166 level. During yesterday's trading session, it reached a high of 1.4193...
Advantages of technical analysis in forex trading. Technical Analysis provides traders with many valuable advantages and benefits, such as analyzing trends, spotting opportunities, and making informed trading decisions. By understanding price...
GBP-USD PAIR REVIEW Today the GBPUSD pair is at level 1.27736. The price is seen moving steadily in a narrow range following the BBMA pattern on the H4 timeframe. Currently, the price is above the middle band, which indicates buyer dominance....
