GBPJPY CURRENCY PAIR ANALYSIS On Tuesday, GBPJPY experienced a very high increase. Previously, GBPJPY's movement tended to decrease. The GBPJPY currency pair started to increase when the candle had moved to a price of 191.60. At that time, the...
EURJPY Technical Analysis March 12, 2025 Technically, I see that the EURJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the EURJPY 1 Hour Time Frame chart image below before we...
Carry Trade Strategies A carry trade is a popular forex trading strategy where traders borrow (sell) a currency with a low interest rate and use the proceeds to buy (go long on) a currency with a higher interest rate. The goal is to profit from the...
Yesterday, I observed that the price was falling throughout the day, and it was trading near the support level of 188.374. Since it closed near this support level without testing it, I gave priority to a potential decline towards the next support...
Technical analysis 06 March 2025 USD/JPY H-4 Good day. Analyzing the weekly chart, you come to the conclusion that USD/JPY is falling in a peculiar way; the weekly candle is down, then the weekly, short, corrective up. The previous candle is...
