The chart shows GBP/JPY trading within a volatile range on the H1 timeframe. The price is currently fluctuating around the 195.97 level. Notably, the market exhibits both upward and downward swings, suggesting alternating periods of bullish and...
PAIR REVIEW EURNZD As we can see, the bulls failed to break the first resistance level. At the moment, analyzing the situation on the hourly chart, we can note the EURNZD pair is in a bearish trend and is now trying to gain a foothold below the...
General Points of EURJPY: I believe today the EURJPY market will remain in favor of the sellers. The pair is currently trading around the 163.50 level, showing signs of downward momentum. This week, the ongoing G-20 meetings have not provided much...
USD/JPY Technical Analysis: The USD/JPY pair is holding steady around the 149.50 mark, staying just below the key 150.00 resistance level. If the pair breaks above this, we could see a rally towards 150.40 or higher. On the flip side, 149.00 is...
Trading strategy with stop loss. What Is a Stop-Loss Order? When the desired price is reached, a stop loss order automatically buys or sells assets, so you don't pay above or sell below market price. Also called a stop order, investors use an...