Greetings and Good Morning guys! We can see that the BOJ's Monetary Policy and other news data couldn't bring high volatility in the market of CAD/JPY today. However, we can trade with technical analysis. Overall, the market of CAD/JPY is in favor...
EURGBP D1 In the EUR/GBP pair yesterday, after a slight northward retracement, the price reversed and was pushed down by a strong bearish impulse, resulting in the formation of a full bearish candle, which once again closed near the local support...
What is Pivot point in Forex Trading? Detailed Calculation of Pivot Points Pivot points are derived from the previous day's high, low, and closing prices. Here's a step-by-step breakdown of their calculationivot Point (P)=High+Low+Close3P =...
Technical Reference: buy as long as it is above 1.27205 Resistance 1: 1.27745 Resistance 2: 1.27855 Support 1: 1.27205 Support 2: 1.27065 GBPUSD was able to rebound from the weekly low level to break out the bearish channel , the potential increase...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...