The pair has been exhibiting strong upward momentum throughout this week, breaking through key resistance levels and consolidating above them. I observed that the resistance at 1.26595 was breached, and the price stabilized above this level,...
Analysis of GBP/JPY Using Two Timeframes: March 9, 2025 Timeframe D1 Analysis Good morning, everyone! This morning, I will analyze the GBP/JPY currency pair using the Daily (D1) timeframe. Currently, the price is trading below the 21-period and...
GBP/USD Analysis: March Outlook Recent Price Action The GBP/USD currency pair on the daily chart (D1) has experienced a notable surge in the early days of March, rapidly recovering all losses from the previous week. This upward movement broke...
At the onset of the European trading session on Friday, the Japanese Yen (JPY) experienced a notable surge, reaching its highest valuation against the US Dollar (USD) since early October. This appreciation was primarily fueled by mounting...
The USD/JPY H1 chart shows a downward trend over the past several weeks. The price has been moving lower, with a clear series of lower highs and lower lows. The Bollinger Bands, which measure volatility and trend strength, indicate that the market...
