TRADING JOURNAL DECEMBER 4 EURJPY EURJPY DAILY ANALYSIS Based on the EURJPY chart on the Daily timeframe, it can be seen that this currency pair is in a fairly dominant downtrend (bearish). The market structure pattern shows lower highs and lower...
GBPAUD Market Analysis Wednesday, December 04, 2024 The outlook for the Pound Sterling currency suddenly experienced significant strengthening. Looking at the economic calendar, it seems that there has been no release of UK economic data but the...
USD/JPY H-1 Another participant in the USD/JPY discussion, Callis, wished everyone another mature winter morning on the fourth day of winter. Moving away from the autumn blues and towards the "winter frosts", accompanied by fairy-tale expectations...
The Spot price took a significant hit during Wednesday's session, falling to 0.6410, as concerns over China's economic outlook spooked investors. The decline came after a leading Chinese official failed to provide specific details about the...
In the EUR/USD H4 time frame, the market exhibits a steady uptrend, with the price currently oscillating within a range defined by resistance at 1.0890 and support at 1.0960. The price recently returned after encountering resistance near the 50-day...
