Technical Analysis of GBP/JPY The GBP/JPY currency pair, often nicknamed the "Dragon" due to its volatility, is a favorite among forex traders looking for larger price swings. Influenced by both the British pound’s reaction to economic events in...
The Role of Psychology in Forex Trading Success Forex trading is more than just a technical and analytical skill; it’s also deeply psychological. Many traders, especially beginners, underestimate the impact that psychology has on their success or...
Following a robust Jobs report for October, market participants have dialed back their predictions of a significant 50 basis points (bps) rate cut in November. This upbeat employment data alleviated concerns about economic growth and consumer...
AUD-USD PAIR REVIEW On the AUD/USD chart on the 1-hour time frame that you attached, there is a fairly strong downward trend since the last few days, marked by the price continuing to move below the orange Moving Average (MA) line. This MA line...
Trading journal Monday, November 04, 2024 USDCAD Assalamu'alaikum and good morning fellow traders. How are you? Hopefully you are still in good health. Hopefully all activities carried out can run smoothly until tonight. At the beginning of this...
