The GBP/JPY H1 chart presents a clear depiction of recent market movements, emphasizing the interplay between price action and technical indicators such as Bollinger Bands, Standard Deviation (StdDev), and Average True Range (ATR). This analysis...
USD/JPY Technical Analysis 1-Hour Timeframe The USD/JPY market is currently in a strong uptrend, with prices moving steadily upward in the 1-hour timeframe. The price structure is in line with an ascending trend channel, which is well supported by...
GBP/USD Forecast for January 8, 2025 On the hourly chart, GBP/USD climbed to the 200.0% retracement level at 1.2569 on Tuesday, rebounded from it and turned in favor of the dollar before falling below the 1.2488-1.2508 support zone. This...
EUR/USD Technical Analysis: When we analyze the 4-hour time frame for EUR/USD, we can observe that the market is currently in a strong downtrend. The market structure is clearly in a sell mode, with lower highs and lower lows forming, indicating a...
GOLD Gold is expectedly holding within its range (I wrote about it at the end of last year) and is now approaching its upper limit at around $2,670. A breakout of this level will open the way to the targets in the 27th figure. But for now, a...
