Weekly Analysis of GBPJPY: Chart Patterns and Trading Strategies Forex trading offers a plethora of currency pairs, each with its unique characteristics. Among these, GBPJPY stands out due to its distinct chart patterns that can lead to consistent...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
I believe the potential for a U.S.-Europe trade war under a Trump administration poses significant risks to EURUSD. If the U.S. imposes tariffs on European cars, I expect wealthy Americans to continue buying German luxury vehicles despite higher...