GBPJPY has been losing value since August 22nd to the present day, it still remains in a downtrend movement despite being falling for some time, the price currently formed a descending triangle at the support level - $183.40, which indicated the weakening of the bulls and as a continuation market pattern. After the breakout of the chart pattern formation, we can...
EURUSD Decline below 1,6650 twice with a double top formation which indicates a reversal in the market and a further decline is expected towards the support zone - 1.6479.
With reasonable risk take the short on EA and hold, further update until market opening - Monday
EURUSD - Bullish divergence pattern at support area, further price increase expected as per previous published setup. eurusd is showing reasonable bullish signals
GBPJPY's drop from 183.46 is stretching and a further decline is expected towards 180.48 and therefore the price reached this low price, an increase in price towards the nearby resistance at 183 was expected .49 and obviously expected to see a price decline at the mentioned resistance level, but after the price touches the support level at 180.46 and moves higher,...
Increase in price, EURUSD will return to resistance of 1.09428, however sustained break of 1.06465 - "support" will have a bearish implication, however, price is currently holding at current support and showing some bullish momentum below , the price is predicted to rise, when we look at the overall movement, we can actually see that the EURUSD is moving in a...
GOLD showing strong bearish signal on 4h and lower timeframes, it has recently formed a an ascending broadening wedge which indicates a reversal/bearish signal in the forex market. Gold is currently falling and it is expected fall further more to 1901.10, gold is technically on a bearish market.
