The Bitcoin daily (#Bitcoin, D1) chart indicates that the price action in a downward moving channel characterized by two red trendlines indicates the general downward price movement. These lines define the channel high (resistance) and the channel...
I observe that the euro, much like the pound, has come under noticeable pressure from the Japanese yen, and I interpret the resulting pullback in EURJPY toward the 184.00 area as a technically justified reaction rather than an outright trend change....
I observe that the GBP/JPY pair remains firmly within a strong long-term uptrend, and I consider this a key factor in shaping my current trading perspective. I notice that the pair is currently undergoing a corrective phase after reaching a recent...
Based on the analysis I laid out yesterday, I correctly predicted that the GBPUSD pair would break through the 1.3410 level, a movement I observed with satisfaction. I now note that, at the time of writing, the pair has retraced and is exhibiting a...
When I review the NZDJPY chart on the H4 timeframe, it becomes clear to me that price is still operating within a well-defined bullish structure, even after the recent pullback. The continued formation of higher highs and higher lows tells me that...
