I observe that the USD/JPY pair remains entrenched in a bearish trajectory following a decisive breakdown of the critical support level at 151.00. I analyzed the daily chart and noted that the impulsive downward move activated the Fibonacci...
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EURCAD Daily Forecast The daily chart of the EUR/CAD pair shows a clear ascending channel structure that has defined price action since mid-November 2024. Prices have consistently maintained the upper and lower boundaries of this ascending channel,...
Core Points about USDJPY Currently, the USDJPY market is closed at the 146.95 level, which is acting as a key resistance zone. This level is critical for short-term price movement, and it’s possible that buyers may begin to regain their value from...
GBPJPY Daily Outlook The GBP/JPY daily chart shows a clear symmetrical triangle pattern in which the price is consolidating within converging trend lines after a long uptrend. The market initially showed a strong uptrend, reaching a high of 206.00,...