https://www.youtube.com/watch?v=SrmRIinpwC4
Support and resistance levels are a key component of technical analysis. In this video, David explains how to use price and volume-based levels to identify key areas for the gbp/jpy....
https://www.youtube.com/watch?v=ZvVxszhnFvs
Unprecedented negative oil prices have an effect on all petro currencies and cad/jpy no exception which was driven lower in our London forex webinar as market sentiment soured resulting in strong flows into the Japanese yen. Looking at the price action in multiple time frames and using the Camarilla indicator to identify key support and resistance levels.
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https://www.youtube.com/watch?v=vgRHqIqe2HA
Gaps can indeed be traps as this chart from the YM shows. The price action is from our London forex webinar and forex traders may be wondering why they should be looking at related markets as the futures. And the answer is for a view on broader market sentiment which will then be reflected in the buying or selling of currencies that reflect risk appetite such as the Japanese yen....