The Japanese yen (JPY) experienced a pullback after reaching a multi-month high against the US dollar in early trading on Tuesday. This retreat saw the USD/JPY exchange rate climb more than 40 pips from below the key psychological level of 140.00....
I start my analysis by examining the daily chart to understand the broader market trend, even though I don’t trade on this time frame due to limited capital. I notice that the candle closed at 140.87, which is below both the Parabolic SAR at 144.41...
Trading against the trend—also called counter-trend trading—can be profitable, but it's risky and requires experience, precise timing, and good risk management. Here are some common situations when traders consider going against the trend: 1. At Key...
Silver Price Update: What’s Moving the Market Today (April 22,2025)? Sentiment and Volume Analysis The mood surrounding silver today is positive. With the U.S. dollar under pressure, silver is seeing continued interest as a safe-haven investment....
EURCHF Analysis The daily chart of the EUR/CHF currency pair shows a solid downtrend that started after the price hit a high at 0.96680. At this point, the market experienced a sharp drop, breaking the established ascending trend line, confirming...
