I am currently observing USD/JPY forming a clear downward structure on the hourly timeframe after the price touched the 160.45 resistance level, which I interpret as a strong rejection zone that triggered selling pressure. I see that the market has...
CADJPY H4 /D1 CHART ANALYSIS Ive noted that the CADJPY currency pair value is likely to remain stable, given its notable pullback from the most recent swing peak near 117.10, settling instead near the 114.00-114.10 region. Based on the daily...
Update: From my perspective, EUR/USD on the H4 timeframe is transitioning from a bearish phase into a more neutral-to-bullish structure, with price currently trading around the 1.1570–1.1580 area. The latest movement shows an open near 1.1619, a...
AUDJPY H4 /D1 CHART ANALYSIS With the price of the AUDJPY trading near the 110.00 level on the 4-hour chart after the recent high of 113.80, I have noted that after extensive corrective declines, the price structure is transitioning from the...
From my perspective, EUR/GBP around the 0.7810 level is moving in a controlled bearish structure, but without strong momentum. The price action doesn’t show aggressive selling; instead, it reflects a gradual drift lower with frequent pauses. I can...
