Technical Analysis USD/JPY H-4 Chart Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: Current price: 154.16 The pair is trading below the MA50 level, which shows a short-term bearish trend. However, the price is...
•••AUD/USD: A Detailed Look at Today's Market Forces November 27,2024••• The Australian Dollar (AUD) against the US Dollar (USD) is showing a steady yet cautious outlook today, as the currency pair continues to experience volatility amid shifting...
Stop Loss and Take Profit in Forex Trading 1. What Are Stop Loss and Take Profit? Stop Loss (SL) and Take Profit (TP) are essential tools in Forex trading for risk management and profit realization. • Stop Loss: A predefined level where your trade...
Important Points about GBPJPY: Recently, the GBPJPY market has been following a bearish trend, which has been evident in the price action over the past few days. Yesterday, the market dropped below the 193.00 level, signaling that the downward...
Crude Oil Price Trend The Crude Oil price behavior analysis is a topic for discussion. Today, crude oil (CL) bounced off the 71.48 resistance level and began forming a pullback, which has already played out. Currently, bullish traders are...
