EURJPY Technical Analysis – 4H Chart The EURJPY pair is currently trading around the 161.90 mark, continuing to show signs of consolidation on the H4 time frame. Price action over the past month has been largely range-bound, confined between the key...
Gold prices are on track to conclude the current week with a significant gain, having risen by more than 2.79%. This positive performance comes despite earlier downward pressure stemming from global trade uncertainties, which had initially pushed...
I observe that the four-hour time interval reveals the instrument is being squeezed in the northern direction, forming an ascending cone pattern. I believe this chart structure often signals consolidation and a narrow accumulation phase within a...
The GBP/CHF pair is currently consolidating after a previous sharp downtrend, trading around the 1.0842 level on the 1-hour timeframe. After a brief recovery from the 1.0610 low, the market has entered a sideways range, showing indecision and lack...
Good evening, colleagues. I recommend analyzing the USDJPY currency pair using the hourly time frame (1H). When examining the recent price movements, it is evident that the market has been operating within a bearish trend. This trend is...
