EUR/JPY daily H1 timeframe chart Greetings. EUR/JPY on the H1 timeframe. In my trading, I use the theory of overbought and oversold markets, which was once a very topic. As the saying goes everything new is well forgotten old. The indicator, with a...
The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
USD/CHF H-1 USDCHF H1 US Dollar/Swiss Franc. After analyzing the behavior of the instrument in the hourly time frame, I think it is quite logical to enter the market with a buying aim. Why have I concluded I see a high probability of an extensive...
Fundamental Analysis On the opening day of a new week, the gold price (XAU/USD) needs to build on Friday's gains and draw new sellers. Throughout the Asian session, the commodity maintained its offered tone; it is presently trading below $2,325 and...