USD/JPY Analysis – 1H Timeframe The USD/JPY pair is currently trading at 146.854, with recent price action showing a decline from the 151.211 high. The market recently found support around 144.551, leading to a slight recovery. Indicators...
USD/CAD USD/CAD Increases Significantly to Approach 1.4240 Following US And Canadian Jobs Statistics Key Analytics: USD/CAD rises to around 1.4240 following the announcement of employment data from both the United States and Canada. The Canadian...
I observe that USD/JPY is still trading within the penultimate descending channel, and currently, the pair is approaching the upper boundary near the resistance level of 146.566. I believe that selling on a rebound could be a viable strategy unless...
Trading by volume is a fundamental concept in financial markets that plays a crucial role in analyzing price movements and making informed trading decisions. Volume refers to the total number of shares or contracts traded during a specific period,...
What is Position Trading? Position trading is a long-term trading strategy where traders hold positions in the market for weeks, months, or even years. Unlike scalping or day trading, position trading is not concerned with short-term price...
