My Technical Analysis: USD/JPY Daily Chart Looking at this daily chart, I see USD/JPY in a clear downtrend that has been making consistent lower lows over an extended period. Price has declined from the 165.000 region, breaking through multiple...
I have been closely analyzing the USDJPY on the H4 chart, and it's clear that the pair is currently in an overall bullish trend. I noticed that the price is trading above the upper boundary of the Ichimoku Cloud indicator, signaling buying...
I just analyzed the GBP/JPY H4 chart, and I see that the cross is currently trading at 213.00. Today, I noticed the price formed a local high at 213.17, which brings my attention to the 213.14 level that I previously identified as strong resistance....
The Pound Sterling (GBP/USD) experienced a notable reversal retreating to the 1.3370 level and shedding approximately 0.30% as a deteriorating global risk appetite bolstered the US Dollar. The primary catalyst for this flight to safety was the...
TECHNICAL ANALYSIS OF USD/CHF PAIR. The USD/CHF currency pair, as depicted in the H1 chart data from February 18 to March 24, presents a compelling narrative of a market in transition, shifting from a period of compressed volatility to a decisive...