If the pair successfully breaks below the support level of 156.70, bearish momentum will likely strengthen, allowing sellers to continue pushing the price downward. However, a mere breakout is insufficient; the price must remain below this level to...
USD/jpy Outlook Greetings and Good Morning to everyone! Today, the US dollar has some news events related to the ADP Non-Farm Employment and Unemployment rates. So, the USD/JPY traders can survive in this market effectively. They have to trade...
USDCAD Daily Chart Yesterday on the daily chart of the Canadian dollar, the price was falling all day. It tested the resistance, then began to decline. It broke through the support of 1.43432, the support was broken and it consolidated below these...
GBP/USD Technical Analysis and Forecast Current Market Sentiment The GBP/USD market is in an uptrend and is currently trading at 1.2523. The GBP/USD market is slowly moving towards the resistance level at 1.2550 on the daily chart. If the GBP/USD...
Trading journal Wednesday, February 5, 2025 GBPUSD Assalamu'alaikum, hopefully everyone is still in good health and more enthusiastic on Wednesday afternoon. Hopefully we can all be successful this year. Allow me to update the trading journal....
