USD/JPY The USD/JPY H4 chart reflects a pronounced bearish trend, with price action moving consistently lower after being rejected near the 150.95 resistance zone. This level aligns with the 200-period moving average, reinforcing its significance as...
USDJPY ANALYSIS Today, I will discuss the USDJPY pair. The USD/JPY pair trades at 148.00, showing volatility as traders react to macroeconomic factors such as U.S. Federal Reserve policy, Bank of Japan (BoJ) interventions, and global risk sentiment....
Gold prices extended their bullish momentum on Tuesday, surging towards the $2,920 mark, building on Monday’s gains. This movement comes amid heightened risk aversion as global trade tensions escalate, with the US' trading partners retaliating...
Look for a series of higher highs and lower lows on the price chart.Connect the peaks and troughs with trendlines to form the megaphone pattern.Confirm the pattern by observing other technical indicators or chart patterns.Look for increasing volume...
GBPUSD Technical Analysis GBPUSD is in a strong uptrend, trading at 1.27414 on the H1 timeframe. The price is above the 150-period moving average (MA), confirming bullish momentum. The MA is trending upwards, reinforcing buying strength. Price...
