Forecast of GBPUSD The lower time frame charts reflect the current trade activity on many currency pairings. On the H1 and H4 time frame charts, I noticed that the GBPUSD price is trading within the range zones. Because market volatility was at its...
Trading journal Wednesday, March 12, 2025 GBP Assalamu'alaikum and good morning. Hopefully all members and moderators of the Investsocial Indonesia forum are in good health. Thank you to the Instaforex broker and moderators who have given us the...
Traders often use engulfing patterns in combination with other technical indicators to confirm potential trend reversals. It's important to note that while engulfing patterns can be powerful signals, they are not infallible, and other factors should...
The EUR/USD 4-hour chart highlights a steady uptrend, with the pair currently trading near the 1.09050 level, just below the key resistance at 1.09200. Over the past sessions, the market has maintained a pattern of higher highs and higher lows,...
USDJPY Technical Analysis USDJPY is in a strong uptrend, trading well above the 150-period moving average. The price recently broke out of a bullish flag pattern, confirming the continuation of the uptrend. The volume profile indicates a strong...