H1 Trading Chat On GBPJPY The GBP/JPY pair is currently in a bearish trend, which is clearly visible from the price position below the EMA (possibly the 200 EMA, considering that the line is quite far from the price). The EMA functions as dynamic...
Crude Oil Price Move Patterns Crude Oil's price action analysis will be our focus point in this discussion. Crude oil is currently consolidating on the H4 chart, trading between a key support level at $66.75 and a resistance level at $71.05. This...
Date: 3rd December 2024. High Bond Yields Boost Euro, But ECB Signals December Cut! Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local...
Somisomi Trading Journal update Tuesday – December 03, 2024 Based on the USDCHF chart on the H1 timeframe that is visible, there are several analysis points that can be reviewed in more depth. The market on the previous day showed quite strong...
AUDUSD TECHNICAL ANALYSIS As the Australian dollar strengthened during the trading session, it eventually fell back to the important 0.6440 level. A significant support level can be observed in this area, indicating that the currency may not be...
