Analyzing the USD/JPY daily time frame chart reveals several key insights that can help determine the potential trading direction. The pair recently experienced a significant move southward by 220 points, touching and moving below the MA100 (100-day...
I can say that after a long time of undisputed dominance, buyers have lost their leading positions over the past 5 days of trading. If we look back at the history of the instrument's chart, we can say that similar southern retreats have happened...
Trading in financial markets is an art and a science, and successful traders often develop and hone specific techniques that align with their strategies, risk tolerance, and market understanding. Learning from these seasoned professionals can...
Yesterday the pair did not immediately go down in the evening. It jumped up and was immediately bought. This morning I already saw good growth and the realization of the potential of the previous local buy signal. My last plan was a decline, and...
EUR/CAD H_4 Greetings and profitable trading! According to Envelopes, a bearish period has begun in the EURCAD pair, so I favor the south. The EURCAD pair is currently just above the 1.5000 resistance level on the four-hour and daily scales. And, we...