The GBPUSD pair basically still has the opportunity to continue its upward rally towards the 1.2800 level. Because if we pay attention, the direction of the ongoing main trend remains in a bullish condition. Even though it weakened due to the...
Initially, the U.S. dollar strengthened against the Japanese yen and continued to rise. But hesitate a moment as we approach the Federal Open Market Committee (FOMC) meeting on Wednesday and the Bank of Japan on Friday. This expectation means that a...
Good evening. Despite some fluctuations, the EUR/USD pair managed to recover and climb above 1.0684 after a brief dip. Interestingly, no new announcements were made during the latest meeting regarding the commencement of tapering the asset purchase...
USD/JPY H-4 Timeframe Analysis: The middle of the week sawed back and forth, but on Friday a package of important news came out in the US and the price rushed up. As a result of this news in the US, the price shot up sharply, however, not only did...
What is Price Action? Price action is a trading technique that focuses on making decisions based on the actual price movements of an asset rather than relying on technical indicators or fundamental analysis. Traders who use price action study...