The GBP/USD currency pair is currently exhibiting a triangle pattern on its hourly chart. This technical formation is characterized by converging trend lines that depict a narrowing trading range. The pair has been fluctuating within this triangular...
Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...
EURJPY H4 Right now, on the H4 outline, the instrument is exchanging around the neighborhood level of moving in a remedial heading against the generally negative pattern. If the currency falls below the minimum level of 168.35 on the EUR/JPY daily...
USD/ JPY /H4 Let's talk about how the USD/ JPY currency pair's price has been behaving and what analysis can be drawn from it. The buyer's strength is reflected in the linear regression channel on the H4 chart, which is trending upward. The steeper...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...