TRADING CHART ON GBP USD H4. Looking at the GBP/USD chart, the price seems to be moving in a clear, strong way. It looks like the first part of an upward move, called wave (i), is done, with five smaller increases. Now, the price is dropping back a...
Currency pair EURJPY - today we will 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....
Good day! I have been analyzing the GBPUSD pair on the H1 timeframe, and I drew diagonal lines using key reference points, which confirmed the formation of an expanding pattern. I believe this pattern is significant as it indicates increasing...
Technical analysis GBP/USD M-30 Yesterday the GBPUSD rate nevertheless entered the resistance zone of 1.2955 - 1.2970 and went down just before reaching the upper mark. Indeed, yesterday the price was pulled up too much, and a little unexpectedly,...
USD/JPY Technical Analysis Today, we are analyzing the USD/JPY chart, which is currently trading at 148.04. At this moment, several indicators suggest that the USD/JPY pair is showing signs of weakness moving forward. Chart Overview When we examine...
