EURJPY is currently trading near 162.66, moving within a clear consolidation range where price has been repeatedly capped near the 163.00 area and supported around 162.00. This sideways behavior reflects a temporary balance between buyers and...
Market Structure Analysis The chart begins with a strong bullish rally, establishing a clear uptrend. However, as the price reaches the "Buyside Liquidity" level near 4,500, we see the formation of a complex corrective phase. Initially, the market...
I am analyzing the higher timeframes, particularly the daily and weekly charts, and I clearly see that the instrument is positioned at the lower boundary of a well-defined ascending northern channel, which immediately suggests a potential bullish...
I observed that Tuesday, much like Monday, remained firmly under pressure from buyers, and I noted that bullish sentiment continued to dominate price action across the session. I saw GBP/USD confidently push to fresh highs and, importantly, I...
I continue to observe that the GBP/JPY currency pair is maintaining a well-structured upward trend, and I base this assessment on a combination of trend-following and momentum indicators visible on the four-hour timeframe. I note that the price is...
