GBPJPY Analysis The daily chart of GBP/JPY reveals a complex yet insightful trend structure, reflecting both medium-term uptrends and short-term corrective pressures. In retrospect, GBP/JPY experienced a significant recovery from the April 2024 low...
The currency pair is navigating a critical juncture amid a flurry of UK and US economic releases. On the fundamental front, the UK Manufacturing PMI disappointed in May, falling to 45.1 from 45.4, below the forecasted 46.0, signaling a deeper...
I always find that the market behaves in a predictable yet frustratingly simple way—when a support level is actively defended, the price often bounces and reverses; but when that level is left unprotected, the price slices through and continues in...
BITCOIN TECHNICAL ANALYSIS H4 Timeframe Analysis The H4 chart provides a broader perspective of Bitcoin's recent price action. After reaching a peak around 2750-2770, the price has initiated a significant pullback. Recent Price Action: Bitcoin...
USDJPY H4 Forecast The USD/JPY H4 chart shows a significant change in market structure over the past few months. This began with a strong rally that peaked in late March and then developed into a broad downtrend that has remained at the current...
