The movement originating from 1.3710 remains in effect, as the support level at 1.3605 has yet to be breached. This makes it premature to predict long-term movements once a breakthrough occurs at this support level. For traders, this means focusing...
The Cable made gains against its major peers on Wednesday, benefiting from a range of market factors, including heightened tensions in the Middle East and evolving expectations for the Bank of England's (BoE) monetary policy. As geopolitical...
Mastering the Basics An Introduction to Candlestick Patterns and Their Importance in Trading Published by Smartfx Brokers | Nov 8, 2024 are a fundamental aspect of technical analysis in trading, providing visual insights into market movements....
Trading Wisdom: USD/JPY Our discussion analyzes the current pricing behavior of the USD/JPY currency pair. The USD/JPY H4 chart currently indicates a strong bullish trend, with the price testing the 155.023 resistance level. Recent movements suggest...
USD-CHF H4 TIME FRAME In yesterday's trading session, there was a strengthening of buying interest which resulted in a weekly increase range of around 52 pips. Judging from the market's habits, this situation is a significant movement at the...
