Price Action Price Action in Forex refers to the study of historical price movements to predict future price behavior. Traders analyze candlestick patterns, support and resistance levels, and trends without relying heavily on indicators. Here's a...
The analysis of the USD/JPY currency pair suggests a bullish outlook as long as buyers maintain control over the support level around 151. It is crucial for them to prevent the formation of new local lows, which would disrupt the ongoing ascending...
TRADING CHART ON EUR USD H4. This week, the EURUSD exchange rate continued its upward trend from the previous week, successfully closing the previous downward gap. The price managed to stay above the psychological level of 1.0300 and reached the...
Forecast of EURGBP Looking at the EURGBP's H4 time frame chart, I can see that the primary trend is negative. The price has been declining significantly over the last several trading days, but it began to climb upward for a price adjustment when it...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis. The market price rises, market price rises and makes a higher peak. When the market price reaches an obvious resistance level. If the market price is at this resistance...
