I trade intraday and I concentrate mainly on price movements during the trading session instead of looking at longerterm trends. My main attention is on immediate signals that come from daily trading activities, so I can make clear decisions without...
ANALYSIS OF EUR/JPY PAIR. The EUR/JPY H1 chart shows a strong bullish momentum as price action surges toward the 162.12 level, testing a significant resistance zone. A clear uptrend has been established following a reversal from the last O156.25...
Hello, my reader! Now we will have a short review of the EURUSD pair on the M5 timeframe. In my trading I use the theory of overbought and oversold market, once a very well-known topic. The RSI indicator with a period of fourteen helps me with this....
Currency pair EURJPY - today we will consider the chart of the D1 period. The wave structure here has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down....
ANALYSIS OF NZD/USD PAIR. The NZD/USD 4-hour chart illustrates a strong historical downtrend, with the price consistently making lower highs and lower lows. The decline is evident from late September, with the 200-period moving average acting as...
