I think that the way down is free and has a higher probability than the direction towards the north. But of course, it is worth being prepared for different things, and the price really can initially make a slight rollback upwards and then go in our...
This is not far from the current positions, so I believe that the bears will make every effort to repeat it, at least on impulse, which is exactly what may well happen today, even in the case of positive data for the US dollar on nonfarm payrolls....
USD/JPY H-1 Hello, fellow traders! Sellers are stronger than buyers. We see this from the location of the indicator on the chart, which is above the traded instrument. We expect an additional sell signal from MACD. With its histogram bars, it is...
GBP/USD D-1 Hello, and I greet you too! The daily chart shows a surprisingly beautiful weekly candle. GBPUSD was growing without any show-offs, although it often seemed that a fall was about to begin. We got a reversal point for constructing a...
Order block strategy is a refined approach used by institutional traders and savvy retail traders to identify key areas in the forex market where significant buying or selling activity has taken place. These areas, known as order blocks, represent...