USD/JPY I’ve been keeping a close eye on USD/JPY today, and the pair is still pushing higher, now trading around the 154.20–154.50 area. The uptrend has been relentless lately, and honestly, it’s starting to look a bit stretched, but I’m not...
China’s GDP faces imminent decline as trade war with US intensifies Believe it or not, China’s economic growth may take a sharp hit this year. It is an alarming development driven by the escalating trade war with the United States. According to...
I initially considered selling, but the conditions weren’t favorable for me. What particularly bothered me was the smooth accumulation pattern without a noticeable zigzag downward movement. This makes me think that the incoming volumes are likely...
GBPCAD Analysis The daily chart of the GBP/CAD currency pair shows a parallel triangle pattern that has been forming for the past few months, characterized by a series of higher lows and lower highs that form a shifting trendline. These formations...
Trading market analysis is a critical component of success in the forex market. Forex trading involves the buying and selling of currency pairs with the goal of making a profit. Market analysis helps traders make informed decisions by studying...