The market has taken a bearish turn, and a downward channel has opened, indicating that sellers are currently dominating. As the downward momentum continues, I anticipate the price to decline until it reaches the 157.515 level. This specific level...
The GBP/USD currency pair faced significant bearish pressure on Friday, leading to a notable price movement on the H4 (four-hour) timeframe. This shift is particularly important for traders and investors who closely monitor this popular forex pair,...
GBP/JPY Analysis (March 4, 2022) Chart Analysisrice Levels and Channels: The chart indicates that GBP/JPY is trading within a descending channel, showing a bearish trend. Current price is at 154.874, and key resistance and support levels are...
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USD/JPY H-1 In today's discussion, we delve into the intricate dynamics shaping the price movements of the USD/JPY currency pair. Heightened anti-risk sentiment has ignited a surge in demand for the Japanese yen, consequently applying downward...