Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
The GBP/USD hourly chart currently presents an interesting scenario, with the price hovering around 1.2920 and trading between the Bollinger Bands, indicating a phase of stability. However, within this stability, various indicators are providing...
GBPJPY Daily Forecast The daily chart of the GBP/JPY pair presents an interesting technical picture that reflects the transition from a long-term decline to a potential decline. First, the pair is trading within a downtrend channel characterized by...
Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
The NZDCAD currency pair appears to have potential for an upward movement, targeting the resistance area at 0.82500. This outlook seems promising, especially considering that, on the H4 timeframe, the stochastic indicator has entered the oversold...
