GBP JPY Forum Analysis, Forecast Have a great day everyone! The linear regression channel on the M 15 chart is turned down. Assessing the market situation for the current period, we can presumably say that there is a strong seller on the market. The...
GBP-JPY PAIR ANALYSIS The weakening outlook of the Japanese Yen currency for the past two days seems to have led to an upward rally for the GBPJPY pair price to reach above the psychological level of 198.00. The price increase rally that started...
During my daily analysis of the major currency pairs, the USD/CHF pair has captured my attention as we have seen quite a bit of volatility. What has captured my attention more than anything else is that it appears that the 0.90 level has offered a...
EUR/USD forecast for January 8, 2025 On Tuesday, the EUR/USD pair made a second reversal in favor of the US dollar above the 1.0405-1.0420 zone and fell to the 1.0336-1.0346 support zone. A rebound from this zone could signal a reversal in favor of...
Forecast of Gold Although the price of Gold is now rising due to significant buyer momentum on lower time frame charts, the present H4 time frame chart's candle appears to be a strong bullish pin bar. This current candle has a bullish movement of...