The overall trend for USD/JPY remains negative, as technical indicators continue to favor downside movement. The pair's key resistance level at 151.91 is preventing any sustained bullish momentum, reinforcing the likelihood of further declines. The...
GBP/JPY is currently in a downward trend, with expectations for a fall of 110 to 159 pips. The resistance level at 188.58 is crucial in determining the market's direction. As long as the price stays below this level, the bearish outlook remains in...
The GBP/USD H1 chart reflects a period of price fluctuation, with the pair currently trading at 1.2399. The price action has shown an overall upward trend over the past few weeks, but recent movements indicate consolidation, as seen in the narrowing...
I observed that the pair initially traded within an ascending trend channel, but the bullish structure weakened when it breached the lower boundary, triggering a decline. I noted that the breakdown below the support level of 167.586 was accompanied...
GBP/USD Technical Analysis H-4 Chart And I rarely look at the weekly timeframe lately. Maybe in vain. But this year I decided to switch to disciplined rails, and I try to look out for signals on my cockroaches on H1 (of course, I also look at H4...
