On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...
GBPUSD: Since the start of the trading session on Monday, the GBP/USD currency pair has exhibited bullish conditions. Throughout this period, the price has fluctuated within a relatively narrow range, yet the dominance of buyers has been evident....
At the moment, I am waiting for the price of this currency pair to reach the extremes of the last trading session. Depending on the formed price levels, I will likely have a position in the USD/CAD currency pair. The price levels in question are...
USD/JPY To better understand USDJPY, we first determine the main trading range, which for the last month has been 157.59-154.58, and this is exactly between the start level of the Bank of Japan’s last intervention and the closing level of this...
Monitoring and analysis of the trading situation for the US Dollar/Yen currency pair. The analyzed timeframe is 4 hours. Let's study the practical recommendations of the popular technical analysis indicators Extended Regression StopAndReverse, RSI,...