Weekly Analysis of GBPJPY: Chart Patterns and Trading Strategies Forex trading offers a plethora of currency pairs, each with its unique characteristics. Among these, GBPJPY stands out due to its distinct chart patterns that can lead to consistent...
Currency pair AUDUSD - let’s consider the chart of the D1 period. The first week of February trading passed; earlier, January passed, showing movements in various directions. There was a good upward correction which was preceded by a bullish...
USD/JPY remains positioned at a critical inflection point, with 151.80 acting as a major pivot level that will determine the pair’s next directional move. If price action remains stable above this zone, an upward move of 69 to 134 pips could...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
The US dollar has managed to gather modestly against the Japanese Yen, even when the market is still turbulent and choppy. During the session, the couple experienced a little sale pressure near the top end of Friday's commercial range, suggesting...
