Currency Pair Behavior: USD/ JPY We are delving into the current analysis of the USD/ JPY currency pair's pricing movements. A false breakout at 157.71 might trigger a continued decline. If the price drops from the 157.71 range, the focus shifts to...
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GBP/ USD: The Art of Price Action Analysis Our current focus is evaluating the GBP/ USD currency pair's price action. Unexpectedly, there was a significant downward correction in the pound, but on Monday, I anticipate the rate will resume its upward...
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...
Risk trading with an expert advisor (EA) depends on various factors, including the strategy programmed into the EA, market conditions, and proper risk management. While EAs can automate trading and execute trades according to predefined rules, they...