EUR/JPY Analysis: The Euro/Yen (EUR/JPY) currency pair is currently trading at 166.90, indicating a promising scenario for traders watching this pair. The pair's current position above the daily support level suggests the presence of an upward...
Creating a Profitable Forex Trading System: A Step-by-Step Guide Building a profitable Forex trading system requires a combination of technical and fundamental analysis, risk management, and discipline. Start by defining your trading goals and risk...
What are harmonic patterns and how do they work? Harmonic patterns are based on geometric patterns, but they also apply Fibonacci proportions to determine pivot points more accurately. Many outstanding minds worked on their theoretical basis...
THE CURRENCY PAIR AUD-USD The AUDUSD currency pair continued to decline for a whole week, and just as we had a signal for shorts a week ago, it is still a priority now. On Thursday, the support level of 0.6576 was broken and Friday's closing took...
The Australian dollar has fallen sharply in value over the past week, breaking below the 0.6650 level, a point that has historically acted as support and resistance If we examine the broader market trends it is clear that the AUD/USD pair is closing...