The trading week for gold has concluded with a notable development. Despite an initial upward movement that completely closed the sell zone imbalance, the price sharply reversed downward. This reversal formed a pin bar with a tail in the sell zone,...
USD/JPY Greetings! It knocked out my sales for the yen, which means I’ll have to look for new ones, but something tells me that I can remain without them or will not be able to sell them soon. If we go back a little, then for a long time the strong...
The GBP/USD currency pair experienced modest declines and was trading around the 1.2730 level in the early Asian trading session on Tuesday. This movement is occurring as market participants await the release of the UK's labor market data, which is...
EUR/JPY, currently trading around 172.33, is experiencing a bearish trend, indicating a gradual decline in market activity. Despite the current slowdown, there's a strong likelihood of significant movement in the coming days. Several factors could...
Introduction: Forex trading, the largest financial market in the world, involves buying and selling currencies with the goal of making a profit. It's a dynamic and exciting field, but with high potential rewards come high risks. That's why effective...