AUD-USD MARKET ANALYSIS September 11, 2024 Good Morning, friends, I hope you are all in good spirits. This Morning, I looked at the price movements in the AUDUSD market. So far, I see that the price movements in the AUDUSD market tend to move in a...
Current Developments in USD/JPY Prices Let's examine the h4 period chart for the USDJPY currency pair trading instrument. The USDJPY currency pair is currently trading at a price of 141.16, which is lower than the opening price from the previous...
What is swing trading in forex market. Any market has two main states: pronounced directional movement up or down (the so-called trend movement) and flat - sideways price movement. Counter-trending strategies involve opening positions before a...
Our expectations differ here. I do not foresee any rapid growth for the GBP/USD currency pair; rather, I anticipate a decline. I currently have open sell positions at 1.3190 and 1.3220, both of which are showing a small profit. My analysis focuses...
The Exponential Moving Average (EMA) is a type of moving average that places greater weight on more recent data points, making it more responsive to recent price changes compared to a Simple Moving Average (SMA). This characteristic makes the EMA a...