The GBP/JPY currency pair has broken its sell structure on the H4 timeframe, indicating a potential retracement in the market. There is an order block area above that could act as resistance, and the price may rise to test this zone. On my chart, a...
Currency pair GBPUSD - H4 period chart. The wave structure is built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price moved little. They made a...
The analysis presented above focuses on the GBP/NZD market, where I employed the Smart Money Concept methodology to assess recent price action. My findings indicate a significant change in market direction on the H4 timeframe, suggesting a shift...
Weekly Analysis of EUR/JPY Pair Current Market Position The EUR/JPY pair is currently approaching a significant triple bottom formation on the daily chart, with a notable low at 155.56, which serves as a strong support level. If the price respects...
**Analysis of EUR/JPY Using Two Timeframes - February 23, 2025** Good evening, everyone. Tonight, I will analyze the EUR/JPY currency pair using the D1 (daily) timeframe. Currently, the price is trading below both the 21-period and 34-period Moving...
