Trend Lines in Forex Trading In the world of forex trading, trend lines are one of the most basic yet powerful tools used in technical analysis. They help traders visualize the direction and strength of market trends, identify potential reversal...
EURUSD CURRENCY PAIR ANALYSIS On Thursday, eurusd experienced a very high increase after the candle managed to penetrate the resistance at a price of 1.0842. When the resistance was penetrated, eurusd immediately rose to a price of 1.1110. However,...
GBP / JPY: My Trading Recommendations The market of GBPJPY is on a correction path in which the bears or sellers are in action. They hit the 192.65 level yesterday, which is only a correction process. The final goal of this market is still upward....
Core Points about USDJPY Currently, the USDJPY market is closed at the 146.95 level, which is acting as a key resistance zone. This level is critical for short-term price movement, and it’s possible that buyers may begin to regain their value from...
USDJPY Analysis The USD/JPY daily chart shows a clear change in the trend structure, which started with a strong uptrend and then turned into a steady downtrend. Initially, the price started a steady upward trend along the top line, making higher...
