T E C H N I C A L _ A N A L Y S I S U S D / J P Y Hello, Instaforex and mt5 Forum members and visitors. I intend to write an article today on the current behavior of the price of USD/JPY. At this time the price of USD/JPY has crossed the 161.48 zone...
Understanding the USD/ZAR Currency Pair: A Comprehensive Overview Introduction The USD/ZAR currency pair, representing the exchange rate between the US Dollar (USD) and the South African Rand (ZAR), is a unique and intriguing pairing within the...
On Wednesday, the GBP/USD pair also continued to trade sideways with low volatility. The range from the day's low to high was only 43 pips. And this was on the day of the FOMC meeting... What can be said about other events like the ADP report? The...
Pennant Chart Pattern The pennant pattern is a widely recognized formation in technical analysis, especially in forex trading. This pattern indicates a continuation of the prevailing trend and helps traders predict future price movements....
Gold prices are currently exhibiting an upward trend, yet signals suggest a potential decline in the near future. Presently, gold is trading above the Pivot Point of 2399. However, the stochastic indicator indicates that a decline may be imminent....