I am an intraday trader, and my focus remains strictly on price action within the session, rather than medium-term trends. I prioritize immediate trading signals derived from intraday behavior, which allows me to act decisively without...
The GBP/JPY currency pair is currently navigating a period of downward pressure, trading around the 191.20 level during the early European trading hours on Wednesday. This bearish trend is largely attributed to the weakening Japanese yen (JPY),...
Technical Analysis of the EURUSD Pair The technical analysis of the pair on the 4-hour chart shows the continuation of the upward price trend. Over the past two weeks, the general price trend has been upward, with the previous week's upward wave...
The EURJPY currency pair is currently exhibiting a bullish trend on the H1 timeframe, and I am considering a buying opportunity at the 161.17 level. To manage risk, I will place a protective stop order at 160.01, ensuring that my potential loss is...
Good day! I have been analyzing the GBPUSD pair on the H1 timeframe, and I drew diagonal lines using key reference points, which confirmed the formation of an expanding pattern. I believe this pattern is significant as it indicates increasing...
