TRADING JOURNAL DECEMBER 4 EURJPY EURJPY DAILY ANALYSIS Based on the EURJPY chart on the Daily timeframe, it can be seen that this currency pair is in a fairly dominant downtrend (bearish). The market structure pattern shows lower highs and lower...
Today is already Wednesday, but so far there is no particular activity on the Pound as a whole, and we can say that we have settled into a local sideways trend on the lower timeframes, perhaps everyone is waiting for the non-farm and unemployment...
AUDJPY CURRENCY PAIR ANALYSIS The chart shows that AUDJPY is in a bearish trend. This is supported by the price position which is consistently below the EMA 100 line, indicating seller dominance in the last few days. The market structure shows...
PAIR REVIEW AUDCAD Hello! Let’s consider the chart of the D1 period - the AUDCAD currency pair. The ascending wave structure broke after the last wave of decline updated the minimum of the previous one, thus the wave structure built its order...
In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...