GBP/JPY ANALYSIS UPDATE (Timeframe D1) 10-06-2024 Good afternoon friends, on this afternoon I will discuss the pattern formed against the GBP/JPY currency pair on the D1 timeframe. There seems to be a fairly interesting pattern against the GBP/JPY...
Market Behavior Analysis: The Implications of the 145.50 Resistance Level Understanding market dynamics is crucial in financial trading to make informed decisions. One essential concept to grasp is how price levels act as psychological barriers that...
European Core CPI and Market Dynamics Despite no increase in the European Core Consumer Price Index (CPI), buyers have successfully crossed the 1.3415 level, indicating a breakout. According to the chart below, both bullish and bearish sentiments...
Bitcoin (BTC) continues to trade in a narrow range, consolidating between $59,800 and $62,750, which represent the 38.2% and 61.8% Fibonacci retracement levels drawn from the high of July 29 to the low of August. As of Sunday, Bitcoin posted a...
USD/CHF ANALYSIS D1 Period Chart Let's consider the chart of the D1 period - the USDCHF currency pair. Here on this daily chart it is clear that for more than a month the price of this currency pair moved in a rather narrow sideways range for the...