USDJPY currency pair - let’s look at the D1 period chart today. Nothing has changed this week so far. The price was falling for the main part of last week because weakening the US dollar was going on across the market, especially the euro and the...
XAGUSD (Silver) Technical Trading Analysis Silver (XAGUSD) is trading at 32.985, just at the 32.98 resistance level. The Moving Average (MA) indicator, a key tool for trend identification, shows that silver has been maintaining an upward...
USD/JPY Technical Analysis Today, we are analyzing the USD/JPY chart, which is currently trading at 148.04. At this moment, several indicators suggest that the USD/JPY pair is showing signs of weakness moving forward. Chart Overview When we examine...
EURJPY Analysis The EUR/JPY pair has shown a significant momentum shift, breaking a long-term lower channel, suggesting a potential sentiment reversal. The pair has been in a declining channel for the past few weeks, making lower highs and lower...
Effective use of trailing stops requires consideration of current market conditions. In volatile markets, traders might opt for a wider trailing distance to avoid being stopped out by normal price fluctuations. Conversely, in more stable markets, a...
