EUR/JPY Daily Chart – Head Shoulders Pattern in Play In the world of technical analysis, the Head Shoulders pattern is one of the most reliable reversal formations. It typically signals a potential trend reversal from bullish to bearish when...
GBP/JPY Technical Analysis: The GBP/JPY currency pair is currently fluctuating within a defined range on the 1 hour (1H) timeframe, with second support at 193.637 and resistance at 194.206. These levels are crucial for traders looking to navigate...
Silver prices are finding support amid renewed concerns about U.S. fiscal health following Moody’s downgrade of the U.S. credit rating from Aaa to Aa1. The rating agency projects U.S. federal debt will rise to 134% of GDP by 2035, a sharp increase...
Trading safely in the forex market requires a solid understanding of its volatile nature and a disciplined approach to managing risk. The first step is to gain a thorough grasp of forex trading fundamentals, including how currency pairs work, what...
GBPJPY Analysis The daily chart of GBP/JPY reveals a complex yet insightful trend structure, reflecting both medium-term uptrends and short-term corrective pressures. In retrospect, GBP/JPY experienced a significant recovery from the April 2024 low...
