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GBPUSD The market closing above 1.7500 indicates that prices will continue to rise towards 1.2600. The third resistance level is 1.2700, reaching this level indicates a strong uptrend. This move not only shows strong sentiment, but also shows that...
EUR/JPY/M15 Greetings. Friday market dynamics, particularly in relation to the dollar, were evident as this currency pair continued its trend within the established range. However, a notable decline occurred on Tuesday, leading to a EUR/JPY daily...
Last week, on the weekly chart of the euro, the JPY price continued to rise. First, it tested the support at 169.77, rolled back from it, and the week closed above 169.77. For this reason, last week I gave priority to growth towards the resistance...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict a long-term trend analysis of a currency pair, likely showing a descending triangle pattern, which is typically a bearish continuation pattern. Key observations...