If the USD/CHF price consolidates above the 0.8479-0.8489 range, it would mark a significant shift in the market structure, especially on the H1 (one-hour) timeframe. Currently, the price action is likely reflecting a bearish trend, with lower highs...
The GBP/USD price action showcased a clear upward trend, with the market starting its session on a positive note. Gradually, the price continued to rise and successfully broke through the key trading level at 1.3183. This breakout above 1.3183 was...
Fundamental Overview of USD/CAD The USD/CAD currency pair is currently responding to major economic events unfolding in both the United States and Canada. Recently, Federal Reserve Chair Jerome Powell hinted at a potential adjustment in monetary...
The foreign exchange market is currently exhibiting a complex interplay of bullish sentiment and caution, particularly concerning the GBP/USD currency pair. While optimism may be buoyed by recent economic data and market sentiment, key technical...
Trading journal Tuesday, October 1, 2024 USDJPY Good morning. Hopefully all members and moderators of the Investsocial forum are in good health. Hopefully we will become successful traders who can generate stable profits in the future. Let's...