The GBP/JPY pair has exhibited a clear downtrend on the H1 (hourly) chart, characterized by a series of lower highs and lower lows. This analysis evaluates the key technical indicators and patterns visible in the chart. Price Action 1. Trend...
The EURUSD's decline exceeded the expected target, benefiting those with a sell position at the 1.0459 level. This strong bearish pressure allowed the price to significantly pass through a key level. Those who anticipated this movement have profited...
Hello. Yes, we had a good flight yesterday, you could even say with a whistle. The sellers broke through the current minimum at 1.24743 and were eventually able to reach 1.24452, at the moment the target for continuing the fall is 1.22989, and most...
XAU/USD Technical Analysis and Key Concepts The XAU/USD market, which represents the price of gold against the US dollar, is showing strong bullish momentum. Today, the XAU/USD market peaked at 2665 and is trading near 2656. The price recently moved...
Carry Trade Strategy The carry trade strategy is a popular financial trading approach used primarily in the foreign exchange (Forex) and fixed-income markets. It involves borrowing or selling a low-yielding asset to invest in a higher-yielding one,...