I analyzed the USDJPY trade I executed yesterday during the American trading session, where I bought after a decline but closed the position too early, taking only 50 points. I initially thought the price would correct slightly north, possibly...
The price of West Texas Intermediate (WTI) crude oil, a crucial benchmark for U.S. crude, has been navigating a turbulent landscape, settling around $61.45 in early Asian trading on Thursday. This price fluctuation is primarily attributed to the...
On Wednesday, the British pound experienced a significant decline against major global currencies, primarily triggered by a cautious statement from the Bank of England's Monetary Policy Committee (MPC). The MPC expressed concerns that a substantial...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis, the market price has dropped a level and is now closer to the trendline, which is helping the price to move higher. After touching the market price resistance level at...
The GBP/USD H1 chart presents an interesting evolution of market sentiment over the past month. Initially, from early March until around the 28th of March, the market experienced a phase of sideways consolidation. During this period, the price...