Good evening, colleagues. I recommend analyzing the USDJPY currency pair using the hourly time frame (1H). When examining the recent price movements, it is evident that the market has been operating within a bearish trend. This trend is...
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...
Forex trading involves not only understanding currency pairs and market movements but also knowing how to enter and exit trades effectively. To do this, traders use different types of orders. An order in forex is simply an instruction sent to your...
Early Thursday's European trading session suggests a potential upward trajectory for the USD/CAD currency pair, with expectations pointing towards the 1.3885 level. This anticipated rise in the pair appears to be underpinned by a combination of...
As the new trading week commenced in Asia, West Texas Intermediate (WTI) crude oil, the primary benchmark for US oil prices, was observed trading around the $60.80 mark. This price level reflected a continued defensive stance among traders as they...
