THE CURRENCY PAIR GBP-JPY The GBPJPY cross even today seemed to be on a relatively calm Monday and managed to make a breakthrough upwards and reach new highs, which I did not expect today. Of course, Mondays are different and they are exactly...
CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD I would like to look at the four-hour chart. On it, after a rebound from the local minimum of 2540, gold moved to confident growth and then an ascending wedge was formed in the shape of a price triangle....
The GBP/USD currency pair initiated a rebound in early European trading on Monday, snapping a three-day losing streak and hovering around the 1.2640 level. However, a closer examination of the daily chart reveals a persistent bearish bias, as the...
EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
The USD/CHF currency pair is currently facing a crucial juncture, with its price trading around 0.8931 after recently surpassing key resistance levels. The pair's break above the 50-day moving average at 0.8825 suggests the potential for a bullish...
