Greetings and Good Morning guys! We can see that the BOJ's Monetary Policy and other news data couldn't bring high volatility in the market of CAD/JPY today. However, we can trade with technical analysis. Overall, the market of CAD/JPY is in favor...
The image depicts a candlestick chart for the EUR/GBP (Euro to Great Britain Pound) currency pair. The chart showcases price movements over a period, likely on an intraday or daily basis, given the detailed candlestick formations. Here is a...
A trading strategy in Forex is a systematic plan that traders use to determine when to buy or sell a currency pair. This plan is based on predefined rules and criteria designed to achieve profitable trading outcomes. Trading strategies can be simple...
The image provided appears to be a technical analysis chart used for trading financial instruments such as stocks, forex, or cryptocurrencies. Let's break down and analyze the key components of the chart: ### 1. **Chart Pattern and Trend Lines** The...
EUR/USD/H4 We open the daily chart for the euro/dollar pair and see that a strong downward price channel was previously broken, within which the major is trading at 1.0743. Moreover, it is worth noting the fact that earlier there was a rebound from...