The GBP/JPY currency pair extended its downward trend for the fifth consecutive day, trading near the 191.10 level. This decline is primarily driven by a combination of factors, including renewed geopolitical tensions and shifting expectations...
Good morning, dear forum fellows and visitors from all over the world. How are you doing today? I hope you are fine and enjoying your trading activities. Today is the 3rd day of this trading week, but yet we haven't seen any massive movement from...
Types of Technical Analysis in Forex Trading 1. Chart Patterns Chart patterns, such as head and shoulders, double tops, and triangles, are used to predict future price movements. These patterns highlight areas of potential reversals or continuations...
The EUR/JPY currency pair continued its downward trajectory on Wednesday, trading near the 159.60 level. This bearish trend is evident in the pair's movement within a descending channel on the daily chart. Technical indicators further support this...
USD/JPY H-1 The USDJPY currency pair for the H1 timeframe already has a good signal, it's time to do an analysis. The price of USDJPY has risen higher than the resistance, indicating that buyers have dominated the market. The strengthening of the...
