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Only the British pound could be traded in the first half of the day using the Mean Reversion strategy, but a proper downward reversal never materialized. I did not trade...

Trade analysis and trading advice for the Japanese yen Due to low market volatility, the levels I outlined were not tested in the first half...

Trade analysis and trading advice for the British pound Due to low market volatility, the levels I outlined were not tested in the first half...

Trade analysis and trading advice for the euro Due to low market volatility, the levels I outlined were not tested in the first half...

The test of the price at 159.49 occurred when the MACD indicator was just starting to move down from the zero mark, confirming a correct entry point for selling...

The test of the price at 1.3209 occurred when the MACD indicator was just beginning its upward move from the zero mark, confirming a valid entry point for buying...

The test of the price at 1.1535 occurred when the MACD indicator had risen significantly from the zero mark, which limited the pair's upward potential. Yesterday, financial players once again...

Three macroeconomic reports are scheduled for Friday, all from the US. First and foremost, attention should be drawn to the NonFarm Payrolls report and the unemployment rate. Jerome Powell...

The GBP/USD pair also posted a strong decline on Thursday, driven by Donald Trump's new threats towards Iran. There was no macroeconomic background throughout the day yesterday. Formally, a descending...

The EUR/USD currency pair traded lower on Thursday. The previous day, overnight, there was a speech by Donald Trump that caused a crash in both major currency pairs...