The EUR/JPY currency pair is a significant trading instrument that reflects the relationship between the Euro and the Japanese Yen. When trading this pair, traders need to consider several factors, such as market conditions, fundamental factors, and...
Comprehensive Analysis of GBP/USD Trading Introduction The forex market is influenced by a myriad of factors that can lead to fluctuations in currency pairs, particularly the British Pound (GBP) against the US Dollar (USD). As of this week, the...
The chart represents the GBP/USD currency pair on an H1 (hourly) timeframe. The price is currently at 1.2743, and it has been trending upward. The chart displays Bollinger Bands, which are used to measure volatility and potential overbought or...
USDJPY Technical Analysis USDJPY is experiencing a strong downtrend, trading at 148.299 on the H1 timeframe. The price is well below the 150-period moving average (MA), confirming bearish momentum. The MA is sloping downward, signaling continuous...
Have a great mood! On the M15 chart, we see a positive slope of the linear regression channel, indicating buyer activity. The market is holding above the level of 2893.00, which indicates possible growth. If we focus on the lower border of the...