In the context of the USD/JPY pair, opening a short position from the level of 144.719 seems like a well-calculated strategy, particularly if you believe that the recent attempts at price growth are nearing exhaustion. The current resistance levels...
Closing a losing trade is one of the most critical decisions a trader can make in the forex market. It’s essential to understand that no matter how perfect you believe your trading system is, you will inevitably face challenging situations where you...
AUD/USD Price Opportunities Our discussion centres on the live examination of the price action of the AUD/USD currency pair. The breakdown of the 0.6899 level in the AUD/USD currency pair is a false signal. It's important to note that the price...
USD/ JPY: The Art of Price Action Analysis Our conversation aligns with the ongoing live evaluation of the pricing of the USD/ JPY currency pair. On the daily USD/JPY chart, I've identified two potential scenarios for the asset's movement; both...
Reading the Language of EUR/USD Price Action We analyze the live dynamics of the pricing movements of the EUR/USD currency pair. The EUR/USD pair is trading around 1.1069 and remains in a corrective phase. I anticipate a further decline but expect...