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GBP/JPY Analysis (March 4, 2022) Chart Analysisrice Levels and Channels: The chart indicates that GBP/JPY is trading within a descending channel, showing a bearish trend. Current price is at 154.874, and key resistance and support levels are...
The USD/JPY currency pair is currently experiencing a corrective downward movement, a notable shift from its recent position at the level of 156.10. This level, which was previously reached, is now acting as a significant resistance point. The asset...
Order block strategy Order block strategy is a trading strategy that aims to identify and trade off significant price levels or "blocks" where a large number of buy or sell orders are concentrated. These blocks are believed to have a strong impact...
USD/JPY Analysis We can see the negative effect of the US news event on the sellers of USD/JPY. Despite the pressure, buyers successfully bounced up and crossed the 157.00 zone yesterday. This marks a promising start for those looking to recover...