GBP/JPY Technical Outlook: Symmetrical Triangle in Focus as Key Levels Approach The GBP/JPY pair is currently hovering near a critical support zone, with attention centered on the lower boundary of a symmetrical triangle formation positioned around...
GBP/USD technical view Today, I took a closer look at the weekly chart of GBP/USD, and the current setup reveals some interesting developments. The price reversed sharply after briefly breaking above the previous week's high. It formed a full...
USD/JPY Technical Analysis: Bearish Tone Dominates as Key Support Levels Emerge From a technical perspective, the recent decline and decisive daily close below the crucial 142.00 level have delivered a fresh signal for bearish traders, providing new...
The recent release of U.S. Core Retail Sales data failed to deliver a meaningful boost for the U.S. dollar (USD). Despite some expectations for a stronger showing, the figures did not impress the markets, leading to muted enthusiasm for the USD. On...
Breakout Trading Strategy: A Guide for New Traders Breakout trading is one of the most popular and effective strategies used by traders in financial markets. Whether you're trading stocks, forex, or cryptocurrencies, understanding breakout trading...
