In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
Technical Analysis of AUD/USD As of the current analysis, the AUD/USD exchange rate stands at 0.6278, indicating a bearish trend in the market. The price is currently positioned below the daily Moving Average, a critical indicator that suggests...
The chart presented is a USD/CHF price chart with Bollinger Bands and a Stochastic Oscillator (5,3,3) as technical indicators. The price action suggests a prevailing downtrend, as indicated by the overall downward slope of the Bollinger Bands and...
The GBPJPY currency pair is currently exhibiting intriguing price movement dynamics on the H1 timeframe, characterized by a clear wave pattern. Examining the structure that has developed, it appears that this pair is in a corrective phase after...
GBP/JPY Analysis Using Two Timeframes Timeframe H4: Good evening, everyone. In tonight's analysis, I will be examining the GBP/JPY currency pair using the H4 timeframe. Currently, the price is trading above both the 21-period and 34-period Moving...
