The GBPUSD exchange rate on the 4-hour time frame has shown strength, successfully reaching the 200-period moving average. This achievement provides hope for the continuation of the bullish trend, especially if the price can close above that level....
The NZD continued its downward trajectory against the US Dollar (USD) on Friday, falling below the crucial 20-day Simple Moving Average (SMA) to 0.5830. This technical level has proven to be a formidable resistance, hindering any bullish recovery...
General Points about NZDJPY: Currently, the NZDJPY market is closed at 87.36, marking a significant point in recent activity. Over the past week, the market has exhibited very slow movement, leaving participants questioning its future direction....
In general, there is no point in arguing about this topic, for some scalping is 3-10 points, and for others, a movement of 20-30 points within a day is also scalping. Pipsing is essentially the lot of high-frequency robots that collect 0.5-2...
Let’s consider the chart of the D1 period - the USDJPY currency pair. Now this is not the best pair for work because it is in an unclear place and it is being squeezed. From below in September they went up. It was clear, the edge of the market and a...