Trading Strategy for USD/JPY: Short Positioning As market dynamics continue to unfold, I am currently focused on shorting the USD/JPY currency pair, which is presently trading at the level of 150.169. Given the behavior of sellers in the market, I...
Technical Analysis of GBP/USD The GBP/USD pair opened today at 1.26460 after a two-days market holiday, reflecting a cautious start as traders reassessed market conditions. The current price of 1.26460 is hovering near the immediate support level of...
Good day! I will now provide a detailed analysis of the NZDUSD currency pair on the fifteen-minute timeframe. I believe that the current market conditions, based primarily on the moving averages, suggest that it is most profitable to consider buying...
I believe the USD/CAD pair has reached a critical juncture, as it has stopped at the upper limit of its previous range around the 1.44 level. I am leaning towards the idea that the pair will continue to trade within this range for now. However, I...
GBP/USD Technical Analysis In the 1-hour timeframe, the market structure for GBP/USD was previously in a downtrend but has now broken out and is moving upwards. After this structural change, buying pressure emerged, pushing the price towards the...
