TRADING CHART ON USD/JPY M30. The provided chart of the USD/JPY currency pair on the M30 timeframe reveals a notable shift in momentum from a previous bearish trend to a strong bullish recovery. Initially, the pair underwent a pronounced decline,...
Technical Analysis USD/CHF H-4 Chart Price: 0.8780 Moving Averages: The price is trading below the MA50, showing a short-term decline and weakening bullish momentum. The price is above the MA200, which maintains a long-term uptrend. The...
The chart represents the GBP/USD currency pair on the H1 (hourly) timeframe. This analysis will evaluate price action, moving averages, and the Relative Strength Index (RSI) indicator to determine the market sentiment and potential trading...
The British pound saw a minor increase on Tuesday, rising nearly 0.2% to reach the 1.2800 level, a crucial resistance point that has recently hindered bullish momentum. As investors await the release of the US Consumer Price Index (CPI) inflation...
Risk Management Risk management in trading is a critical skill that helps traders protect their capital, ensure long-term success, and navigate the inherent uncertainties of financial markets. Here's a comprehensive breakdown: Key Principles of...