The GBP/JPY M30 chart shows that the market recently experienced strong bullish momentum after a sharp rally from the 213.60 area toward the 214.60 zone. Buyers entered the market aggressively and pushed the price above several short-term resistance...
USDJPY H1 Technical Analysis – Consolidation at 159.261 Tests Red MA as Uptrend Pauses Below 159.590 *Technical Structure* USDJPY H1 is trading at *159.261*, consolidating after a rejection from *159.590* that capped the May 28 rally. Price had been...
Based on the provided USD/JPY H1 data, the pair is in a tight, sideways consolidation with no clear directional trend. The price has oscillated within a narrow range between approximately 159.24 and 159.31. The market is stuck in a holding pattern,...
Hello Fellow Traders, In our previous session, we introduced the foundation of Candles Range Theory (CRT) and how higher timeframe wicks store institutional order flow shifts. Today, let's take it a step further and look into a highly lethal,...
EUR/USD Technical Analysis EUR/USD is currently trading at 1.16570, and the market is showing a downtrend at the moment. Recent price action indicates that sellers continue to dominate the market, keeping downward pressure on the pair during recent...