GBP/JPY Analysis The 4-hour chart suggests a potential new uptrend for the GBP/JPY currency pair, with a weekly resistance level at 206.64. This week, the pair has been trading within rising price channels, which have been supportive of its upward...
The USD/CHF currency pair exhibited notable activity as it tested and interacted with key support levels. Initially, the pair touched the support level of 0.88359, marking a significant movement in the market. This movement underscores the strength...
### Current Market Overview The GBP/USD currency pair has recently made a notable move by breaking through a significant resistance level at the 1.29374-1.28900 range. This breakout is a key development in the forex market and suggests potential...
After breaking through the resistance line of the daily channel (trend line), the bulls gave a signal to change the daily trend from downward to upward, with the subsequent attack on the next local resistance at around 1.09852. The bulls failed to...
Unlocking the Secrets of the Matching High Candlestick Pattern: In the technical analysis, candlestick patterns are a powerful tool for traders to anticipate market movements. Among these patterns, the Matching High pattern stands out for its unique...