Shezuka trading discussion Regarding GBP/JPY on Friday, after a slight southern pullback, the price reversed and continued to push in a northern direction, resulting in the formation of another bullish candle that managed to update the previous...
Japanese yearningvs. Japanese yearningU.S. Dollar gains crucial Factors and Market Dynamics originally theU.S. bone retreated slightly against the Japanese yearning but has since broken above the psychologically important 160 yearning. This...
The bearish belt holding pattern is a candlestick example of the possibility of a bearish reversal in the forex market. It is usually at the end of a trend and indicates that market sentiment may be moving from trend to trend downward. Here is a...
Price Action Analysis: GBP/ USD We are currently discussing the analysis of the price behavior of the GBP/USD currency pair. This week, GBP/USD tested the daily margin control zone of the 1/2 level at 1.2693, followed by a downward reaction. During...
Gold Analysis The daily chart for gold has at the beginning of a new trading month and the approaching annual close. The chart shows rising price channels, indicating an upward trend in gold’s movement over the previous two months. The monthly...