Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...
Currency pair EURJPY - let’s consider the chart of the D1 period. The wave structure here has a descending character. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The...
USD/JPY As of today, USD/JPY is showing signs of bearish pressure, influenced by both technical and fundamental factors. The pair remains vulnerable to further downside if key support levels break. Technical Analysis: USD/JPY is currently trading...
General Points about GBPNZD: The market trend for GBPNZD is in favor of buyers, indicating a strong bullish sentiment in the pair. A further upward movement is expected as momentum continues to build. In the coming hours, the market could move above...
The Australian dollar showed a modest demonstration during the early negotiation of Monday, but continues to float around the 50 -day crucial EMA, a level that has repeatedly acted as support and resistance. This key indicator has become a focal...
