The currency pair is facing significant challenges in sustaining the modest recovery it saw over the past two days. During the Asian session on Wednesday, the pair fluctuated within a narrow range around the 1.2750 mark, remaining well within...
Technical Analysis GBP/USD D-1 GBP/USD cannot achieve any breakthrough in the border area of the same level 6/8 (1.26953). The pressure on the support in the borders form of the level 6/8 is increasing. In terms of possibilities, I continue to...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 148.50, and I’m seeing bullish momentum holding steady. The key support level is at 148.00, which aligns with the 50-day moving average. If the pair breaks below this, it could head...
Important points about EURUSD: We can see that sellers are becoming quite strong in the EURUSD market. The price action over the past few sessions has shown clear signs of a bearish trend, and it appears that the sellers are gaining control. This is...
Protecting Your Trades with Stop Loss: When trading, one of the most important things you can do is protect your trades with a stop loss. A stop loss is an order that automatically sells a security when it falls to a certain price. This helps limit...