Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
The price is currently trading at 2905 levels and the bullish concept is still active in the XAUUSD market. Therefore, the potential for significant market movement due to this economic release means traders must be strategic about how they manage...
Currency pair GBPJPY - let’s consider the chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning of February, the third wave...
PAIR REVIEW NZDUSD Hello! When the pair was trading near the support of 0.55803, there was a volume for sale here. I assumed the pair would go further lower. As a result, there was growth, the growth was to resisting 0.56431. The pair rolled back....
General Points about GBPJPY: I would suggest setting the take profit (TP) level above 192.77 while following the bullish concept in the GBP/JPY market. Recent market trends indicate that buyers are maintaining control, pushing prices higher, and...
