Technical analysis USD/JPY H-4 From the picture drawn on the chart with the four-hour time frame, it is clear that the USDJPY pair has successfully crossed the first target of the expected uptrend. The chart shows that the pair is in an uptrend. The...
GBP/USD Price Activity Study As expected, the Bank of England (BOE) said on Thursday it would keep its interest rate unchanged after its September meeting. Notably, one lawmaker backed a 25 basis point rate cut. BoE Governor Andrew Bailey expressed...
Market Overview Greetings everyone, and a warm welcome to Interlock's Trading Journal! I hope you're all doing well and reaping the rewards of my recent Bitcoin analysis. As I predicted, Bitcoin tested the 60,100 level yesterday and then rallied,...
Analyzing the forex market by daily candlesticks is a popular method among traders for identifying trends, price action, and key levels of support and resistance. A candlestick represents a single day of trading activity, showing four key data...
On the hourly chart, the GBP/USD pair continued its upward movement on Thursday, consolidating above the 161.8% corrective level at 1.3259. This suggests that the pound's rise could continue toward the next targets at 1.3357 and 1.3425. The bears...
