The EUR/JPY H1 chart presents a clear downtrend after reaching a peak near 165.25, with price action consistently forming lower highs and lower lows. The red moving average, likely a short-term SMA or EMA, confirms bearish momentum as price remains...
BTC/USD H4 chart: Today, the BTC/USD market shows a strong upward movement, trading at 97980. Yesterday, Bitcoin tried to break the 100 EMA on the H4 chart and encountered resistance at 101,500 but could not maintain momentum. As a result, BTC/USD...
February 5, 2025 The EUR/USD pair is trading around 1.0390, reflecting a slight decrease from the previous session's close of 1.0345 The USD struggles to lure buyers amid Fed rate cut bets and lends support to the major. Concerns about Trump’s...
Trading journal Wednesday, February 5, 2025 EURGBP Assalamu'alaikum and good afternoon friends in the Investsocial forum. How are you? Hopefully in good health and forex trading is still profitable. As usual today I want to update the trading...
AUD/USD Price Activity Review Last Tuesday, the AUDUSD movement had fallen to a price of 0.6265. However, after the candle failed to penetrate its closest support at 0.6127, the AUDUSD movement rose again. The increase can be said to be quite high...
