The Bollinger Bands strategy is a popular technical analysis tool used in forex trading to identify potential entry and exit points based on market volatility. Bollinger Bands consist of three lines: the middle band (a moving average) and two outer...
Analysis of trades and tips on USD/JPY The price test of 146.13 occurred when the MACD indicator started moving downward from the zero line, which seemed like a good entry point for selling the dollar to continue the downward trend. However, as you...
USD/JPY Market Analysis and Trading Scenarios Hello everyone, Today's trading landscape for the USD/JPY currency pair remains relatively unchanged. The pair continues to trade within a range between 145.11 and 147.70. For a significant period, we...
The "Inside Bar" is a popular candlestick pattern used by Forex traders to identify potential reversals or continuation of the market. This pattern is considered a key signal in price action trading and is particularly useful in markets with...
On Monday, the GBP/USD pair sustained its upward movement in line with the current uptrend. As we have mentioned numerous times, there are no new reasons for buying the pair at the moment. On Monday, neither the UK nor the U.S. published any...