During my daily study of major currency markets, the USD/JPY pair caught my attention because we are close to breaking out. If we can break above a big support level just above, the market will go much higher. If we can break above the ¥158 level,...
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...
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...
GBP/JPY ANALYSIS Tonight I will also try to analyze the GBP/JPY currency pair using the H4 timeframe, The current price has successfully penetrated and remained below the Moving Average Indicator period 21 and also the Moving Average Indicator...
GBP/USD Technical Analysis: On the 4-hour time frame for GBP/USD, the market is currently following a clear sell trend. The price is trading below both the 200-day and 50-day Simple Moving Averages (SMAs), indicating a bearish market structure. The...