GBP/USD Technical Analysis The GBP/USD market is currently in a clear sell structure supported by a strong downtrend on the H4 timeframe. The price is trading below the 200-day Simple Moving Average (SMA), which is positioned below the 50-day SMA,...
What is Stock Trading in Forex? Stock trading in the forex market involves trading stocks of publicly listed companies through contracts for differences (CFDs) or other instruments within the same platforms used for currency trading. This practice...
Looking at the NZD/JPY pair, the technical setup suggests a bearish outlook in the short term, with a potential decline of 53 to 79 pips. The pivot point at 88.21 is crucial, as it serves as a key resistance level. As long as the price stays below...
The GBP/JPY currency pair on the H1 chart presents a compelling market structure, offering insights into both recent trends and potential future movements. Upon analyzing the price action, it becomes evident that the pair has experienced a mixture...
GBPJPY TECHNICAL ANALYSIS GBPJPY price is above the 200 Exponential Moving Average (EMA) which indicates that the long-term trend is still bullish, indicating buyer dominance. However, when the price starts trying to fall to close the GAP on the H4...
