Reading the GBP/ USD Price Action Our conversation concerns decoding the live GBP/ USD currency pair's pricing. The upward momentum in major currency pairs, including GBP/USD, has halted. Following the peak at 1.3049 in mid-last month, sellers...
Hey there, my friend! Today, I want to talk about a crucial aspect of forex trading that can make or break your success - risk management. As a forex trader, understanding and implementing effective risk management strategies is absolutely...
USD/JPY Price Overview Our conversation focuses on evaluating the USD/JPY currency pair's present price action. The current price of USD/JPY is 146.58. The pair broke through the bullish boundary earlier this week, forming zigzags. As a result, I'm...
Current Developments in EUR/ USD We will be exploring the analysis of the EUR/ USD currency pair's price fluctuations. On Friday, we traded the EUR/USD pair on the H1 time frame within the planned sideways movement, which has persisted since the...
What Is a Renko Chart? A Renko chart is a type of chart, developed by the Japanese, that is built using price movement rather than both price and standardized time intervals like most charts are. It is thought to be named after the Japanese word for...