If buyers fail to generate at least minimal upward movement and the price declines, breaking through my bearish sell level at 1.23887, this will serve as a confirmation of downward momentum. In this scenario, I will close my buy position at a loss...
THE CURRENCY PAIR GBP-JPY Where we witnessed such a juicy jump up, and in general the markets are in good shape today, important world events are happening, and apparently that is where the volatility is so chic. It is difficult for me personally...
Yes, every day for Gold, there is a new historical peak. By the current moment, sellers were still able to start forming a correction, raised the price below the 2900 mark, and also managed to break through the 2881.55 level. If they manage to...
The NZD/USD pair experienced a slight decline on Wednesday, pulling back to the 0.5650 level as selling pressure reemerged following Tuesday’s attempt to recover losses. The pair continues to struggle around its 20-day Simple Moving Average (SMA), a...
The EUR/USD currency pair experienced a resurgence, climbing back above the 1.0400 mark and reaching a new weekly high. This upward movement was primarily driven by a weakening US dollar, which retreated in late trading sessions. Several key...
