Trend Structure Overview The daily chart of CHFJPY shows a complex transition from a bull market to a broader correction, clearly reflected in the downward trend and price action around the Ichimoku Cloud. After peaking at 179.57, the pair began...
The recent trend in the AUD/USD currency pair has been characterized by a strong bullish impulse, which initially suggested a promising continuation of upward movement. The price successfully regained its position within a clear bullish channel,...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price has moved up from the bottom and its price has formed an upward movement and is very sensitive to this bullish line. The market price broke the resistance...
Starting today, I am implementing a focused trading approach specifically for the GBP/USD currency pair. My strategy is rooted in technical analysis and disciplined risk management principles. After analyzing recent market movements, I have...
Currently, based on the four-hour timeframe analysis, northern traders are attempting to utilize a specific technical level to activate a reversal and break the prevailing downward trend. The chart indicates that the price has recently rebounded...