The Impact of Forex Spread in Day Trading: A Crucial Factor for Success In forex trading, the spread is one of the most significant factors that directly impacts a trader's profitability, especially for day traders who execute multiple trades within...
Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...
Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
The US dollar is constantly losing land against the Japanese Yen, and recent trade suggests that we can soon see a break below the level of 147 Yen, potentially pushing the pair of around 145 yen. In the current environment, any short -term...
Forecast for USD/JPY on March 10, 2025 On Friday, the Japanese Yen experienced a decline, reaching a green price channel line that it has been approaching for the past two months. While there are some weak signals indicating a potential reversal,...
