Current Situation of USD/JPY The USD/JPY currency pair is currently situated near an important historical trendline and is forming a Rising Wedge pattern. This technical formation often indicates a bearish reversal. The implication of this pattern...
I believe it is quite possible that the USD/CHF pair will move further up on Monday. I noticed strong growth on Friday, and I see the RSI and stochastic indicators pointing upward, which confirms the potential for further growth. I think the price...
EUR/USD Price Movement Update The EURUSD pair is still under pressure from the US Dollar outlook which continues to strengthen. In yesterday's trading session, the price did try to move back above the psychological level of 1.0300. However, the...
GBP / AUD: An Hourly Time Frame Recommendation Yesterday, the market of GBPAUD hit the 1.9695 level due to a downturn, reflecting the pair's sensitivity to recent economic and geopolitical developments. The decline can be attributed to shifts in...
GBP/JPY Pair Analysis GBPJPY is being pressured into the demand area in the daily time frame at 189,555 to 188,060. If it successfully penetrates this area, it has the potential to confirm the bearish potential in the formation of a double-top...
