Analyzing GBP/JPY Trading Opportunities: A Comprehensive Overview The GBP/JPY currency pair has recently drawn attention in the trading community due to its intriguing market behavior. As sellers attempt to break through key moving averages (MA),...
The current market scenario indicates a downward trend, as suggested by the Parabolic SAR (Stop and Reverse) and the Relative Strength Index (RSI). Both indicators are used by traders to analyze price movements and identify potential reversal...
Time Frame In Forex trading, the time frame refers to the duration of each candlestick or bar on a price chart. Traders use different time frames depending on their trading style and strategy. Below are the main time frames used in Forex trading:...
Hello everyone! The seller is showing activity, as indicated by the downward sloping linear regression channel. The instrument is trading below the level of 85362.25. I am considering selling towards the level of 81913.13, from which a correction...
The US Dollar Index (DXY), which measures the Greenback’s strength against six major currencies, saw a notable surge after President Donald Trump warned of imposing 25% import tariffs on all products from Canada and Mexico. Trump also announced a...
