USD/JPY: The USD/JPY currency pair has faced several difficulties in breaking through the supply area at the price level of 157.36. Every time this area was not breached, the USD/JPY experienced a significant drop. If I remember correctly, this...
USD/JPY Technical Analysis: Bullish Momentum Points to Further Gains The USD/JPY currency pair is currently trading around the 157.98 level, displaying robust bullish momentum on the daily (D1) chart. This upward trend has been consistent since the...
TRADING UPDATES On the DAILY H4 and H1 timeframes, the price is indeed below the MA50, so it is clear that seller dominance will continue in the next trading week, especially since the distance between the EMA50 and the price on the Daily candle is...
Analysis of the market situation for the Australian Dollar / US Dollar currency pair. The period of analysis is time-frame 4 hours. We will study the market movement and draw up a priority trading plan for the analyzed instrument using several...
What is market depth Market depth describes a real-time electronic list of all the buying and selling orders queuing up to be transacted on a or other . It is useful for traders to see where the weight of bids and offers lies for any security....