EUR/JPY Technical Analysis: Market Movements and Signals Throughout the past week, the EUR/JPY currency pair experienced significant price movements characterized by a series of breakout levels and trading signals. The analysis begins with the...
Hello! Let’s start by discussing the recent trends in the EUR/USD currency pair, which has been experiencing a steady upward movement over the past week. Previously, we observed attempts to break through the 1.0500 level, accompanied by a period of...
At the onset of the European trading session on Friday, the Japanese Yen (JPY) experienced a notable surge, reaching its highest valuation against the US Dollar (USD) since early October. This appreciation was primarily fueled by mounting...
A strategy also serves as a risk management tool. It allows traders to set stop-loss orders, define position sizes, and establish risk-reward ratios. This means that even in the face of losses, the trader can minimize their exposure and protect...
The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...