Analysis of GBP/JPY Using Two Timeframes: March 9, 2025 Timeframe D1 Analysis Good morning, everyone! This morning, I will analyze the GBP/JPY currency pair using the Daily (D1) timeframe. Currently, the price is trading below the 21-period and...
Hook Candlestick Patterns and Hook Reversal Patterns in Forex Trading In forex trading, understanding candlestick patterns is essential for identifying market trends, entry points, and potential reversals. Among these patterns, Hook Candlestick...
The USD/JPY H1 chart shows a downward trend over the past several weeks. The price has been moving lower, with a clear series of lower highs and lower lows. The Bollinger Bands, which measure volatility and trend strength, indicate that the market...
During the North American trading session on Friday, the EUR/GBP currency pair experienced a notable upward trajectory, edging closer to the critical 0.8400 level. This surge was primarily driven by the euro's relative strength against its...
EUR/JPY Technical Analysis: Market Movements and Signals Throughout the past week, the EUR/JPY currency pair experienced significant price movements characterized by a series of breakout levels and trading signals. The analysis begins with the...
