GBP/JPY Price Action Outline The GBP/JPY H-1 timeframe chart above shows price movements with various technical analysis elements that can be used to make trading decisions. In general, it is seen that the price is moving around the weekly pivot...
EUR/JPY Daily Time Chart Analysis The EUR/JPY currency pair has been confined within a symmetrical triangle since early August, a pattern often indicative of indecision and potential volatility. This period of consolidation has witnessed price...
USD/CHF Price Forecast Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, the US Census Bureau reported on Tuesday. This reading followed a 2% decrease reported in November and came in worse than the...
Have a great day everyone! There is an opportunity to sell against the main movement on the hour. The basis for this is the linear regression channel turned downwards. Although it is more correct to skip sales or wait for the downward reversal of...
Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
