The GBP/JPY currency pair is currently trading around 197.534, with a bearish trend persisting. The market’s slow movement recently reflects traders’ cautious approach, influenced by a combination of economic and geopolitical factors that impact...
Mastering the Basics An Introduction to Candlestick Patterns and Their Importance in Trading Published by Smartfx Brokers | Nov 8, 2024 are a fundamental aspect of technical analysis in trading, providing visual insights into market movements....
Bitcoin’s price recently saw a significant decline, breaking below the ascending trendline and falling to just under $87,000 after hitting an all-time high above $90,000. This drop occurred despite Bitcoin reaching the psychological benchmark of...
Forecast of Crude Oil The price of Crude Oil has been declining on the H1 time frame chart for the past several trading hours. This decline began when Crude Oil tested the 50 EMA line during its price correction, and as a result, it is now stronger....
General Points of USDJPY: Like other markets, we can see that the USDJPY market has bounced back up to the 154.77 level. This level is a resistance point, from which the market could move even higher. Reaching this resistance suggests that sellers...