GBPJPY Market Analysis: H4 Time Frame Overview Current Price Movement In recent trading sessions, the GBPJPY currency pair has exhibited a notable upward momentum. This bullish trend has attracted the attention of many traders, as price movements...
I believe the USD/JPY pair’s recent decline reflects a combination of broad-based U.S. dollar weakness and emerging demand for the Japanese yen as market sentiment shifts. I observe that the pair failed to test its two-week low last week, but the...
The GBP/JPY pair has exhibited a pronounced bearish inclination, with technical indicators aligning to suggest a continuation of the current downtrend. The Relative Strength Index (RSI) remains below the critical 50 mark, a key indication that...
Gold is again under pressure even though the dollar is also weakening. The price fell again after buyers failed to bring it up and break out its highest resistance line in the previous bullish movement. The current price position is back on the SMA...
The NZD/USD currency pair has been demonstrating strong bullish momentum, with market analysts predicting a potential rise of 22 to 32 pips if certain conditions are met. The critical level in this scenario is the pivot point at 0.5720, which acts...