The chart you provided shows the price action of the British Pound to Japanese Yen (GBP/JPY) on a lower timeframe. It features a variety of technical analysis concepts including Break of Structure (BOS), Change of Character (CH), and supply and...
The Australian dollar faces potential downside pressure despite a positive labor market report. The RBA's hawkish stance and rising US interest rates are fueling demand for the US dollar. Although weak US data emerged, the US dollar remains strong....
Crude Oil Market Analysis: Bullish Trend Confirmed With Key Technical Indicator The current crude oil price is at 78.48 as of market close. Analyzing the H4 chart, the price is currently above the 50 and 100 SMAs (Simple Moving Averages). These SMA...
The Canadian dollar ended the week with a mixed performance. It clawed back some ground against most major currencies but showed only a minimal gain against the US dollar. This mirrored the overall cautious mood in the markets on Friday. Earlier...
EUR/JPY/D1 I anticipate that the EURJPY currency pair will exhibit growth today. Previously, the price rebounded from the support level at 167.39 and ascended. During the ascent, the price successfully surpassed a notably strong level featuring two...