GBP/USD/H4 The GBP/USD currency pair is currently experiencing a persistent downward trend, indicating that the market is still on a bearish trajectory. Despite occasional bullish movements, the overall conditions suggest that these upward swings...
The EUR/JPY currency pair, currently trading at 171.06, is exhibiting a bearish trend. This bearish momentum suggests that the euro is weakening against the yen, with market sentiment leaning towards a stronger Japanese yen. Several factors...
In my trading, I use harmonic patterns to identify potential reversal points by recognizing specific geometric price structures and Fibonacci ratios. When a harmonic pattern such as the Gartley, Bat, or Butterfly forms, I look for precise Fibonacci...
Date: 24th June 2024. How Is Politics Trigger a New Wave of Volatility For The Week Ahead? In addition to the risk factor, the US Dollar also continues to be supported by economic data. While France, Germany and the UK all failed to beat PMI...
12:28 GMT: Bought the USD/CAD About four hours ago, I opened a buy position with a 0.25 lot size on USD/CAD. You can see the details of the trade in the following picture. USD/CAD | Buy | Enter at 1.3673 | Stop at 1.3643 | Take profit Depend on the...