USDJPY is still on the bullish period according the 1W data. In 1H data, the price has already broke the mini downtrend and starting to bullish. The expected RRR is 1:6. I possibly will hold the trade for the next 2 weeks or until any major update.
Using the 4H timeframe and a MACD analysis, we're seeing a potential BUY opportunity.
USD/CHF bulls unite! Using the 4H timeframe and MACD indicator, we're spotting a potential long opportunity. Keep an eye on the MACD histogram and look for bullish crossover to confirm your trade. Stay updated on economic events affecting the US dollar and Swiss franc. #USDCHF #ForexTrading #MACD
Selling opportunity alert! GBP/JPY on the 4H timeframe is approaching a key resistance zone. Keep an eye out for bearish price action signals and consider taking a short position. As always, stay informed about any economic events that may affect the value of the pound and yen #GBPJPY #ForexTrading #ResistanceZone
A trading idea for GBP/JPY on the 4 hour timeframe could involve buying the currency pair at key support zones. Support zones are areas where the price has previously found buying interest and has struggled to break below.