The daily chart of the GBP/JPY pair provides a clear and detailed picture of the current technical structure of the market, with the broad downtrend continuing since the peak near 207.15. This rally signaled the beginning of a sharp downtrend, with...
Pips, Lots and Leverage If you're new to Forex trading, you'll quickly come across three important terms: pips, lots, and leverage. Understanding these is crucial for managing your trades and risks properly. Let's break them down simply. What is a...
Xau/USD The price of gold fell on Friday after the recovery attempts did not recover the key barriers for $ 3371 (broken FIBO 23.6% $ 2956/$ 3500) and $ 3400 (psychological) and signal that the remedial phase from the new high highest level ended....
Currency pair AUDUSD - chart of the D1 period. The previous trading week in terms of movements was rather sluggish compared to the growing week that was even earlier. A saw at the top, an attempt to continue the growth and an attempt to start the...
The GBP/JPY pair is showing bullish potential today, trading strongly above the major pivot support level at 190.62 exactly. Technical indicators are suggesting that upward momentum could continue building if the price maintains stability above the...
