Trading Analysis Update, Sunday October 6, 2024 H4 Hour The price journey of the EurUsd pair until last Friday night was in the performance of a price movement that was continuing the bearish trend. Then on Saturday night there was an attempt to...
Current Overview of USD/JPY Currency Pair The USD/JPY currency pair is currently at a crucial juncture, where it is trapped between a resistance level at 149.00 and support levels at 146.60 and 148.87. These technical levels will play a significant...
What is Hedging in Forex? In Forex trading, hedging is a risk management strategy used to protect against potential losses due to unfavourable movements in currency exchange rates. It involves opening positions that offset potential risks in the...
GBP/JPY Technical Analysis Current Trend Overview In the H1 time frame, the GBP/JPY currency pair has been demonstrating a strong upward trend over the past few days. The price action has consistently moved higher, reflecting a robust bullish...
Prospects for the EUR/JPY currency pair based on technical analysis. We will pay special attention to the resistance and support levels, volumes and basement indicators. Let's look at the chart: The pair has dropped a little again today. The Jew...