I welcome the weekend as it gives me the opportunity to thoroughly analyze the GBP/USD pair and reflect on the developments of the past week. I noticed that while overall volatility was relatively low, buyers still managed to push the price up by...
The GBP/CHF pair is currently consolidating after a previous sharp downtrend, trading around the 1.0842 level on the 1-hour timeframe. After a brief recovery from the 1.0610 low, the market has entered a sideways range, showing indecision and lack...
Scalping in Forex Trading: A Fast-Paced Strategy with High Stakes What is Scalping in Forex Trading? Scalping is a short-term trading strategy in Forex where traders aim to make small profits from minor price fluctuations. It involves opening and...
Throughout the past week, the EUR/USD currency pair has struggled to break through key resistance levels or make significant upward progress. The market ended the week close to the 1.1400 mark, specifically around 1.1395, indicating that buyers...
i. The USD/JPY pair rebounded from the level of 142.72 but dropped to 142.12, breaking the M15 bearish trend. i. If this bearish trend holds, the pair may continue declining to 141.85, where support could halt the drop. i. Further downside to the...
