GBPJPY Analysis The daily chart of the GBP/JPY currency pair shows a significant change in the market structure, as it has moved from a strong and stable bullish phase to a correction or consolidation phase. Initially, the pair showed strong upward...
USD/JPY Technical analysis H-1 Chart Hello. Today we have dedicated the day to growth again. The price rose from the opening and reached the maximum point of 1.1570. From it, EUR/USD successfully started to decline and stopped not far from the top....
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
Ongoing conflicts in the Middle East and the enduring Russia-Ukraine war have fueled demand for the US dollar as a safe-haven asset. However, expectations are mounting that the Federal Reserve could resume its rate-cutting cycle sooner than...
AUD/USD This morning, I’m seeing AUD/USD holding near the 0.6410 mark after last week’s modest rebound. Price action still looks cautious, and I get the sense that bulls are lacking follow-through despite a slightly weaker U.S. dollar. Technical...
