The GBP/USD hourly chart shows a strong bullish momentum as the pair continues to push higher, currently trading around the 1.2500 level. This key psychological level has been tested multiple times, and the pair appears poised to break and sustain...
USD/JPY Fundamental Analysis: Right now, USD/JPY is hovering around 148.50, with the yen under pressure as the Bank of Japan (BoJ) sticks to its ultra-loose monetary policy. BoJ officials aren’t in a rush to exit negative interest rates, which...
Have a great day everyone! I am observing the following situation on the GBPUSD currency pair: the linear regression channel on the M15 chart has an upward slope, indicating that buyers are strong in the market. Buyers' activity shows an excellent...
The Japanese Yen (JPY) staged a modest recovery against the US Dollar (USD) for the third consecutive day on Monday, defying the recent downward trend. This unexpected resilience emerged despite the White House announcing an agreement with Colombia...
The Chandelier Stop is a volatility-based trailing stop-loss strategy widely used in forex and other financial markets. It helps traders lock in profits by dynamically adjusting the stop-loss level as the price moves in their favor, based on the...
