The USD/JPY H1 chart shows a clear downtrend that has been in place since early February. The price is currently at 149.74, attempting a slight recovery after reaching a recent low. The Bollinger Bands show that volatility increased during the...
Technical analysis of USDJPY Today I will start technical analysis on USD/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 150.96 and above support...
Market Analysis of Gold and Silver Key Levels and Price Action On Friday, both gold and silver exhibited bearish movements, which is a common trend for these two commodities to move in tandem. Analyzing the silver chart, I have identified upper and...
Gold Daily Time Chart Analysis Gold is bullish on the 2945-2956 resistance zone. This base case includes the 161.8% Fibonacci extension level that formed during the decline from 2790 to 2535. While the general sentiment is positive, technical...
THE CURRENCY PAIR GBP-USD Today I have already managed to monitor the daily chart for #GBP/USD using the wave technique. It turned out that we have a borderline situation. When on the one hand, growth is expected to continue, but on the other hand,...
