Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Good afternoon in the previous few weeks the price journey of the UsdJpy pair has moved down from the opening price at the beginning of the month. Currently the price seems to be consolidating below the simple moving average zone of period 100. The...
BTC/USD - 11th March Analysis: Has Bitcoins end up? The wool structure on the 4 -hour BTC/USD chart is quite clear. After completing the five wave bull trend, the market entered the phase down, which currently appears to be a corrective wave. On...
Greetings! I remain skeptical about the USD/JPY pair resuming its downward movement, as the recent data on Japanese household spending and GDP have been worse than expected. I believe this weakens the attractiveness of the yen, as it reflects...
The GBP/JPY exchange rate experienced a transient surge to 189.85 during the early European trading session on Tuesday, reflecting a momentary bullish sentiment. However, this upward trajectory faces significant headwinds, primarily stemming from...
