Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...
Intraday Forex Trading: Strategies, Techniques, and Key Considerations Intraday forex trading, also known as day trading, is a popular trading style where traders open and close positions within the same trading day. Unlike swing or position...
Currency pair GBPJPY - let’s consider the chart of the D1 period. The wave structure on this chart has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning of February, the third wave...
EUR/USD The EUR/USD pair is hovering around 1.0845, showing a slight dip of 0.1% from yesterday. The price action remains within a tight range, with a battle between bullish and bearish forces shaping the next move. Technical Analysis: Recently,...