The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...
This GBP/USD H1 chart reveals a well-defined market structure, offering both short-term and medium-term trading opportunities. Over the past few weeks, the price has been in a clear downtrend, characterized by lower highs and lower lows. This...
EUR/JPY Today, my focus is on EUR/JPY as key economic events unfold in both the Eurozone and Japan. Fundamental Analysis: In the Eurozone, we have a series of PMI releases lined up: German Manufacturing PMI is expected to tick up to 42.7, while...
The EUR/USD H1 chart displays a complex price movement pattern, characterized by alternating bullish and bearish phases. The current price level of 1.0415 reflects a market that has been trading in a relatively narrow range, with no clear long-term...
I see that the price has been moving around the lower border of the old channel, and it is difficult for me to determine whether it will rebound or re-enter the channel. I noticed the other day that the blue line, which can hardly be considered a...
