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GBPUSD ANALYSIS 03 AUGUST 2024 For next week I still predict that the price trend will move down again, most likely the price will drop again to around the 1.2720 level. From what I have observed, the movement of the GBPUSD currency pair on its...
EURJPY D1 Analysis Market Overview The EURJPY pair is currently exhibiting a strong bearish trend on the D1 timeframe. Price action has been consistently forming lower highs and lower lows, indicating a sustained downward momentum. Support and...
Analytical Overview of USD/JPY: Bearish Momentum Continues Greetings to all forum enthusiasts! There’s no disputing that the USD/JPY pair continues to exhibit a strong downward trend. Following such a significant drop, a healthy pullback wouldn’t be...
Technical Analysis and Trading Strategy for USD/JPY Greetings to all trading enthusiasts! Currently, the USD/JPY currency pair is quoted at 148.923 on the one-hour (H1) timeframe. The preferred direction for today is selling, and I tend to work...