The USD/JPY currency pair has been exhibiting a notable bullish trend this month. Since the trading sessions in March, the price has been consistently moving upwards, culminating in reaching the price level of 157.48 as of last week. This persistent...
WHAT IS PIVOT POINT IN FOREX TRADING Pivot points are a popular technical analysis tool used in Forex trading to predict potential support and resistance levels. They are calculated based on the previous day's price action and are used to identify...
In our discussion, we'll analyze the price changes of the GBP/ USD Currency pair. The pair attempted to reach the resistance at the 1.2831 reference point. I anticipated that the pair would not only approach 1.2771 but also try to break through the...
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USD/JPY: The USD/JPY currency pair has faced several difficulties in breaking through the supply area at the price level of 157.36. Every time this area was not breached, the USD/JPY experienced a significant drop. If I remember correctly, this...