Hello to all traders who read my post! Meet me again! For today, let me post my analysis about the future trend on the pair of GBPJPY. From the current trend analysis, this pair is currently bullish until it touches 183,900. The bullish trend is marked with this candle pattern (yellow circle) But the question is, where will it be headed after it reaches the...
Hi Traders From the current price chart, I am using two indicators to indicate where the direction will go: The first one is Bollinger Bands, with a period value 50 and a deviation of 1.0. By using this indicator, we can see the trend could be uptrend for a while between periods of 1H - 4H The second one is using RSI as a basic approach. Although there...
Hi Traders From the current price chart, the price has entered the bearish mode because of the FED decision yesterday. Although today, this pair is trying to recover, but from the 2H chart, the price could touch 0.63750. Need to observe to look for another clue.
Hi Traders From the current price chart, the price has entered the bearish mode. Also, it confirmed that this pair had created a pattern of a double top in a daily period after a few factors yesterday; one of them is the RBA Interest Rate Decision. The price could touch 0.65500 - 0,64800. Need to observe to look for another clue.
Hi Traders From the current price chart, the price has been reached to 0.95300. There could be a chance for this pair to rebound after the ECB meeting to reach levels 0.9600-0.96250. But, if we got a negative/bearish sentiment after the meeting, the price would go down. So, need to watch carefully
Long opportunity for USDCHF after reaching the bottom trend line after the Fed interest rate decision & the final speech regarding the decision and the forecast for the next action. We need to see whether the direction goes up or down because today will also be some important news in the US economy.