Currently, the EUR/JPY currency pair appears to be forming a bullish pattern on the chart, which could potentially drive the price upward. This bullish formation suggests a possible trend reversal or continuation, depending on how the price action...
Trade Summary Today’s trade on GBP/USD didn’t go as planned. I entered a sell position on the M15 timeframe at 1.28759. My stop loss was set at 1.28820, and the take-profit target was 1.28365. The lot size was 0.5. Unfortunately, the trade ended in...
I believe the USD/CAD pair’s recent drop to 1.4000 reflects a significant shift in market sentiment after a prolonged consolidation near 1.4300. I see this downward movement as a reaction to the broader weakness in the U.S. dollar, which has been...
USD/CHF As of today, I'm closely monitoring USD/CHF, and the pair is moving with a clear bearish bias driven by both fundamental and technical dynamics. Fundamental Analysis: The Swiss franc continues to benefit from safe-haven demand, especially...
GBP/USD As of today, I’ve been keeping a close eye on GBP/USD, and it’s shaping up to be an interesting pair with both fundamental and technical factors at play. Fundamentally, the pound has been holding its ground against the U.S. dollar after...