GBPUSD Technical Analysis A warm, good morning to everyone! I hope you’re all doing well and having a productive start to the week. How was your first day of trading? Yesterday’s market movements were quite remarkable. Despite it being just Monday,...
Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
Good evening traders I hope you are all doing good. The market has shown that a simple reversal is unlikely. Technically, the key levels have been tested, and the crowd has been shaken out. We’ve seen growth, but it’s cleverly disguised as part of...
GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
