Based on the daily chart image for USDJPY, here is the technical analysis and trading setup. Technical Analysis: USDJPY on the daily timeframe is exhibiting a clear bearish trend, characterized by a series of lower highs and lower lows. The price...
The GBPUSD is trading at 1.35685. This is because the dollar is strong and it is challenging the pound. The daily structure is getting close to a point where it has to make a decision. Current Market Position on the Daily Timeframe The GBPUSD is...
NZDUSD M30 is pulling back after a failed breakout above 0.59200, and this is where risk management and trading discipline stop you from buying the dip or shorting into support without a clear structural break. Price is at 0.58973, down -0.00117...
Update — From my perspective, CHF/JPY on the H4 timeframe is showing a clear transition from a bullish structure into a short-term corrective phase, with price currently trading around the 200.70 level. The market had previously been in a steady...
USD/CHF Technical Outlook USD/CHF H4 chart is showing a clearly bearish structure after failing to maintain momentum above the 0.7900–0.7910 resistance zone. Price attempted to recover during the recent sessions and briefly pushed higher, but buyers...
