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...
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USD/ JPY Price Dynamics Currently, we are focusing on analysing the movement of the USD/JPY currency pair. There is a potential for a continued decline, possibly resulting in a false breakout at 157.55 before moving further downward. If the pair...
Hello all traders, Today, I'd like to share my market analysis on Oil H1 with you. Looking at the larger price chart, there's a current downtrend where the quality of breakouts has declined. The recent breakout with bar 4 wasn't strong. Initially,...
USD/JPY technical analysis The price for this week's trading started with an upward gap, then fell to close it, then began to rise once again, and continues to trade within a series of price channels that reflect the price movement over the past two...