M-1 Chart Technical Outlook USD/JPY USDJPY failed to sustain its bearish momentum and after touching a low of 153.81, prices started correcting higher against the USD in the US trading session today. We can see the prices are close to the channel...
In recent weeks, the pair has exhibited notable volatility, potentially forming a double-top reversal pattern in October and November. This technical pattern suggests a bearish outlook, with the first downside target positioned at 1.0650. This level...
Controlling Overtrading in Forex: Strategies for Success Overtrading is a common pitfall in Forex trading, leading to significant losses and emotional distress. It occurs when traders execute excessive trades, often driven by emotions, greed, or a...
Silent Points of EURCHF: We can see that the EURCHF market is currently trading around the 0.93965 level, which suggests that EURCHF buyers are quite strong. This price level reflects steady demand and a bullish sentiment among market participants,...
Technical analysis GBP/USD D-1 Of course, temptation attacks from all sides. The market is not up yet, GBPUSD is around the opening price. And it's not clear where to jump off here. Because in reality we are in the middle of a big channel. And the...