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...
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...
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...
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...
USD/ JPY: The Role of Price Action Our conversation focuses on the evaluation of the USD/ JPY currency pair's present price action. On the hourly chart, the price remains within the ascending channel. Yesterday, the pair climbed to the upper limit...