Trading Wisdom: USD/ JPY Prices I am currently assessing the dynamic pricing behaviour of the USD/ JPY currency pair. USDJPY on the H4 chart is poised to continue its upward trajectory. The price remains above the upper boundary of the Ichimoku...
GBP/ USD Price Action Outlines We're studying the ongoing GBP/ USD currency pair price assessment. The trading day ended with attempts to push upward, but I now observe a reversal pattern suggesting a move to the short side. My main focus is on the...
The CHF/JPY currency pair is used to exchange Swiss francs (CHF) for Japanese yen (JPY). This pair is considered a cross-currency pair because the US dollar. dollar (USD) is not included. Here is a comprehensive guide to CHF/JPY trading, including...
What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
The price dynamics of USD/CHF are analyzed using various technical indicators. The Relative Strength Index (RSI) does not show overbought or oversold conditions, indicating potential for upward momentum if the index stays above 50. Noticeable zigzag...