When examining the daily time frame, it becomes apparent that the GBP/JPY currency pair has not yet exhibited any compelling or valid signals. This observation implies that, at present, the price action remains ambiguous, making it challenging to...
EURJPY H4 Right now, on the H4 outline, the instrument is exchanging around the neighborhood level of moving in a remedial heading against the generally negative pattern. If the currency falls below the minimum level of 168.35 on the EUR/JPY daily...
Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...
The wave structure for this older period still shows an upward trend, but the MACD indicator is already declining within the lower sell zone and below its signal line. The MACD indicator shows a significant bearish divergence, even though it has...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...