GBP/JPY Analysis Using Two Timeframes Timeframe H4: Good evening, everyone. In tonight's analysis, I will be examining the GBP/JPY currency pair using the H4 timeframe. Currently, the price is trading above both the 21-period and 34-period Moving...
What is Intraday Trading in Forex? Intraday trading in Forex, also known as day trading, refers to the buying and selling of currency pairs within the same trading day. Traders aim to capitalize on short-term price movements by executing multiple...
EUR/JPY EUR/JPY Is Increasing Rapidly Near Familiar Support EURJPY picked up steam on the back of news that Germany plans to inject hundreds of billions into defense and infrastructure investments, rapidly approaching the 160.00 mark after bouncing...
The euro has increased aggressively towards the level of 1.09, but now it has difficulty maintaining its position above that brand. Many market participants are observing closely to see if the euro can break above the recent time of around 1,0940,...
On the fifteen-minute chart of the EUR/USD currency pair, we have observed that the price has recently reached a new high. Following this upward movement, the price performed a retest of the key level, and currently, it is trending in a northern...