Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...
Analysis of Recent Market Movements and Speculation on Fed's Rate Cuts: The currency pair experienced a remarkable surge to 157.10 during Friday's European session, reflecting substantial market movements. However, the asset quickly retraced its...
RISK TRADING WITH EXPERT ADVISOR Risk Trading with Expert Advisor: A Comprehensive Guide Expert Advisors (EAs) are automated trading systems that can be used to manage risk in Forex trading. In this article, we'll explore the concept of risk trading...
The price action for this week's trading commenced with a notable upward gap, a promising indicator for bullish sentiment. However, shortly after, it retraced to close the gap, demonstrating a potential shift in momentum. Despite this initial...
Crude Oil Price Dynamics The analysis of Crude Oil’s price behaviour warrants discussion. The weekly chart reveals that after touching the local support at 72.45, the price initiated a reversal in the market, evidenced by a bullish candlestick...