GBPUSD TECHNICAL ANALYSIS If we analyze over a 4 hour time frame, we can see that since the candlestick failed to enter the supply zone at the price of 1.2800, the GBPUSD pair has not continued to rise. On the contrary, its movement slowly and...
The Euro (EUR) has been on a downward trend against the Japanese Yen (JPY) since reaching its peak on October 31st. This downward momentum is supported by technical analysis principles, which suggest that trends tend to continue. However, the...
USD/JPY is closely related to US 5- and 10-year yields, with a correlation close to 0.95. Wednesday's US CPI report appears to be a key event with the potential to shake up Fed expectations Technical signals indicate that USD/JPY is on the verge of...
The USD/JPY currency pair has shown a consistent upward trajectory since hitting lows of 139.55 in mid-September. Currently trading in the 149 range, it appears to have established a short- to medium-term uptrend. Guided by the principle that “the...
RSI is an extremely powerful tool, quote instrumental for indentifying zones of overbought and oversold at least this is how I use it with HFM. My primary tool for that....
