The GBPJPY pair has broken its sell structure on the H4 timeframe, signaling a potential retracement in the market. There is an order block area above that could act as resistance, and the price might rise to test this zone. On my chart, I've...
The GBP/JPY currency pair has exhibited notable volatility, influenced by a confluence of economic data and political developments. Initially, a surge to approximately 190.70 was observed during early European trading on Friday, primarily fueled by...
Bullish and Bearish Rectangle Chart Patterns Bullish and bearish rectangle patterns are continuation patterns in technical analysis that indicate a period of consolidation before the price continues in its original direction. These patterns occur...
USDCHF Daily Time Chart Analysis Technical Analysis As can be seen from the daily chart, the USD/CHF pair is currently in a downtrend. A break below the key moving average indicates that the US dollar is weakening against the Swiss franc. Ichimoku...
The USDJPY market stands at the 149. 24 mark, signifying strong selling activity in the past week. A bearish trend is still observed, indicating that market feelings lean towards further declines. Price movements show ongoing selling pressure, with...