Trading journal Monday, October 7, 2024 AUDJPY Assalamu'alaikum Hopefully everyone is still in good health and increasingly enthusiastic on Tuesday night. Hopefully we all become successful traders who can generate consistent profits every month....
The spot price continues its upward momentum, marking its third consecutive day of gains as it trades above 1.3610 on Monday. This recent strength comes despite growing expectations that the Federal Reserve (Fed) will start reducing interest rates...
EUR/JPY Market Analysis Greetings and Good morning to Everyone! The market of EUR/JPY remained in favor of buyers in the last week. In this week, I expect that the buyers will lose their value. And, the price can drop sharply down and test the...
The pair could also retrace toward 1.0945, where resistance was seen yesterday. Alternatively, we might see a deeper correction, pushing the price back to the 1.0880 level, which was not thoroughly tested during yesterday's session. In either case,...
The GBP/USD pair is currently indicating a near-term positive trend, with the 14-period Relative Strength Index (RSI) showing strong upward momentum. The RSI is oscillating in the bullish region between 60.00 and 80.00, suggesting that the market is...