Technical Analysis USD/JPY H-4 Chart Hello everyone, technical analysis for the USD/JPY currency pair on the H4 chart: Current price: 154.16 The pair is trading below the MA50 level, which shows a short-term bearish trend. However, the price is...
Stop Loss and Take Profit in Forex Trading 1. What Are Stop Loss and Take Profit? Stop Loss (SL) and Take Profit (TP) are essential tools in Forex trading for risk management and profit realization. • Stop Loss: A predefined level where your trade...
D-1 Chart Technical Outlook AUD/USD AUDUSD currency pair. This week we are still moving sideways, and over the past week the movements have been in different directions, the forces are almost equal. The wave structure is forming its configuration...
The chart represents the hourly timeframe (H1) for the USD/CHF currency pair. From a visual perspective, the pair appears to be in a downtrend, as indicated by the lower highs and lower lows. The current price is hovering around the 0.8824 level,...
Gold Price Tendency I am currently studying the ongoing Gold price action assessment. The 4-hour Gold chart reveals a clear upward momentum following a recent correction. Prices have been climbing steadily along an ascending trendline, with the...
