The image is a technical analysis chart of the GBP/JPY currency pair on a 1-hour timeframe. Here’s a detailed breakdown of the key elements and potential implications: ### Key Elements: 1. **High Zone:** - This area indicates a previous high in the...
GBPUSD Good morning everyone, today's center of discussion will be the price action analysis for GBPUSD currency pair. The currency pair has been trading within a bullish channel, with higher high and lower lows. On Friday the currency pair declined...
Shezuka trading discussion The US labor market data for May turned out to be significantly unexpected – nonfarm Payrolls in the US rose 272,000 in May (forecast was +185,000), average hourly earnings rose by 0.4% (previous month +0.2%), and the...
While I have not set immediate trading goals, I am closely monitoring the market for potential opportunities. Exceeding the 1.37154 level would be a significant achievement and could present new selling opportunities. As always, it is crucial to...
Initially, gold saw a descent from its recent high around the $2,311 mark, subsequently slipping beneath the April 12 peak of $2,431. This downward trend coincided with a resurgence of the Greenback, which reclaimed some lost ground. During this...