General Points about USDJPY: The Tokyo CPI rate has not provided much benefit to the sellers, which has allowed the USD/JPY market to maintain its strength. The pair is positioned at the 150.60 level, reflecting the dominance of buyers in the...
Trend Line Chart Pattern: Introduction A trend line chart pattern is a fundamental tool in technical analysis, used to identify and confirm market trends. It consists of straight lines drawn on a price chart to connect significant highs or lows,...
Currency pair GBPJPY - chart D1. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The MACD indicator is in the lower sales zone and...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price continues to rise, just rose from the trend line, and now this market has broken the trend line. The market price has broken the trendline and formed...
General Points Regarding USDCHF Currently, the market has ended the session at the 0. 9022 mark, acting as a support zone. This price level is vital in guiding market trends, as it has offered stability to buyers. On Friday evening, President...
