Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
I wish everyone a great mood! The linear regression channel indicator shows that the seller remains active and strong, as the channel slope points to the south. I am considering sales, starting from the upper channel border of 2944.51, where...
The USD/JPY H1 chart presents a clear downward trend, characterized by a series of lower highs and lower lows. The price action has been consistently trading below the middle Bollinger Band, indicating strong bearish momentum. The Bollinger Bands...
Understanding Market Trends: Analyzing Parabolic SAR, RSI, and Moving Averages In financial trading, understanding market trends is crucial for making informed decisions. Traders often utilize various technical indicators to gauge the market's...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
