Strategic Forex Trading:USD/JPY The analysis of the USD/JPY currency pair's current pricing behavior is what we're currently discussing. Last week, the USD/JPY pair had a noticeable sell-off. On the weekly chart, the trend is moving downward. Based...
EUR/CHF PAIR Analysis Observing the price movement of the EUR/CHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 0.9465. If the price will continue the downward rally in...
The Morning Star candlestick pattern is a key technical analysis tool used in forex trading to identify potential reversals in market trends. This pattern consists of three distinct candlesticks and is often employed by traders to predict the end of...
Open your trade but first save the money" is a phrase that emphasizes the importance of financial prudence before engaging in risky ventures like trading. This sentiment is especially relevant in today's economic climate, where market volatility can...
Looking at the EUR/USD 4-hour chart, the current price action hovers around 1.10832, showing some recovery after a period of downward pressure. A fair value gap (FVG) is visible near the current price, which may act as a zone of liquidity imbalance,...