USD/JPY H1 Analysis Current Market Situation Today, USD/JPY opened at 147.23. Analyzing the H1 timeframe, the candle is still stuck within the resistance area. If this area is successfully penetrated, USD/JPY is likely to rise further. However, if...
GBP/USD technical analysis The price moved inside the narrow range shown on the hourly chart throughout the morning. Today, the pair broke through the channel's bottom border around 1.2830 but has since been unable to sustain its downward momentum....
#Gold Have a nice day everyone! The slope of the linear regression channel is heading upwards on the daily chart. Which shows the strength of the buyer, who is trying to grow to the level of 2486.40. Upon reaching the target, the movement will slow...
GBP/USD on the 4-hour timeframe, there are several important phases that I observe. Initially, there was a significant uptrend where the price gradually increased from around 1.2630 to reach a peak around 1.3045. This shows the strength of the...
In my morning forecast, I highlighted the 1.2800 level and planned to base my trading decisions on it. Let's review the 5-minute chart to see what happened. The rise and the formation of a false breakout at 1.2800 led to a selling point for the...