USD/JPY Technical Analysis USD/JPY is currently hovering around 144.50, showing signs of consolidation. From what I see on the 4-hour chart, the pair is staying below the 200-period EMA, which suggests bearish momentum for now. There’s strong...
PAIR REVIEW EURJPY Hello! Sunday technical analysis of the pair on the 1-hour chart. The price at 156.40 worked out the minimum of the TF with a double bottom and corrected upwards from there. The price worked out the green zone, and it can use the...
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Greetings, If EUR/USD rises into the sales zone I previously identified in the 1.06 range on Monday or Tuesday, I will look to sell, as the 1D chart suggests a correction in the fourth wave, which appears to have already been worked out in a...
Fundamentals Forex trading, or foreign exchange trading, involves buying and selling currencies with the goal of making a profit from changes in exchange rates. Here's a breakdown of the fundamentals: Understanding the Forex Market Market Structure:...