Forecast of USDJPY Up until a few weeks ago, I thought the USDJPY price would keep rising because it was near the top resistance level of 161.89; however, after the USDJPY tested the price level of 151.88 and went through four trading weeks of range...
The pair was trading near the 1.44185 level when I observed significant sell volume. I assumed that the pair would move lower as the sellers' limits were actively working at this level. The level was broken from top to bottom, and I noticed that a...
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...
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...
The GBPJPY currency pair is currently exhibiting intriguing price movement dynamics on the H1 timeframe, characterized by a clear wave pattern. Examining the structure that has developed, it appears that this pair is in a corrective phase after...
