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....
EUR=JPY Market Outlook Good Morning to everyone! The European news events couldn't help the buyers of EUR/JPY yet. However, the market will remain in favor of buyers anymore and they will cross the 161.66 zone this week. Because the JJapaneseYen is...
In Wednesday's European session, the pound sterling (GBP) value rises to around 1.2500 about the US dollar. Following US President Donald Trump's decision to postpone tariffs on Canada and Mexico, the US dollar loses risk-premium and gives up its...
What is a Homing Pigeon Candlestick Pattern? The Homing Pigeon candlestick pattern is a bullish reversal pattern observed in technical analysis, primarily used in trading to identify potential reversals from downtrends to uptrends. It consists of...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...