ANALYSIS OF GBP/JPY PAIR. The GBP/JPY pair on the H1 timeframe exhibits a complex yet structured price movement, characterized by notable swings, dynamic trend shifts, and key support-resistance interactions. The 190.40 level emerges as a pivotal...
One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
I believe the price did not react significantly to yesterday's very impactful news on EUR, as there was no notable volatility. I observed that the price remained stuck in a sideways range between 1.0825 and 1.0775. I assume that, in honor of the...
Market Fundamentals: The US Dollar (USD) experienced a strong opening after President-elect Donald Trump threatened to impose 25% tariffs on Canada and Mexico, accusing them of providing China with a pathway to supply illicit drugs to the United...
I think the current market sentiment remains mixed, with traders weighing the impact of the European bond issuance against broader macroeconomic trends. I suggest keeping an eye on key support and resistance levels, as they will likely play a...