Image credits: Rupixen.com / 4kIM7ED8F1A Unsplash
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information… Read More
Image credits: Rupixen.com / 4kIM7ED8F1A Unsplash
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general inform… Read More
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy or sell the products d… Read More
Short answer fx trading charts: FX trading charts are graphical representations of currency prices and market trends. They are used by traders to identify patterns, make decisions, and monit… Read More
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy or sell the products d… Read More
Image credits: Alexander Mils / lCPhGxs7pww/ Unsplash
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general in… Read More
Image credits: Isaac Smith / AT77Q0Njnt0 / Unsplash
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general info… Read More
Image credits: William Iven / dAmHWsRYP9c / Unsplash
Disclaimer:
TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general inf… Read More
GBPJPY is trending lower inside a falling channel on the 1-hour time frame, and the pair is testing the resistance. Technical indicators suggest that the...
The post GBPJPY Sellers Returning… Read More
GBPJPY has been on a steady decline and it looks like this quick correction could pull more sellers in. Price is testing the 38.2% Fib...The post GBPJPY Sellers Waiting for this Correction a… Read More
GBPJPY is trading lower today after retesting an area we’ve had our eye on for several weeks. The 147.00 region served as resistance back on August 1st until buyers cleared the level o… Read More
Just two days ago we looked at the multi-month wedge pattern on the GBPJPY. Recent strength from the Japanese yen has triggered a selloff across the yen pairs, including the AUDJPY and NZDJP… Read More
Momentum moving in favour of sellers
We’ve been seeing consolidation in GBPJPY for several months now and it would appear that momentum is gradually turning in favour of sell… Read More
Back on March 22, I wrote that GBPJPY is vulnerable below 147.00. That area was former rising wedge support which would have likely attracted sellers if tested as new resistance. As you can… Read More
I’ve been bearish GBPJPY since October 8th when the risk-sensitive pair was trading above the 147.00 handle. The breakdown in May combined with the descending channel off the year-to-d… Read More
Following a gap up to start the week, the GBPJPY is testing the resilience of sellers above the 142.80 handle. This level has capped every advance since the pair closed below the confluence… Read More
Key Points
The British Pound after setting a minor top near 162.50 vs the Japanese yen started to move down.
There is a major contracting triangle pattern formed on the hourly chart of th… Read More
Earlier this morning, there were some economic figures from the UK, which came in with another disappointment, showing a clear sign of slowing down and increasing the risk of Brexit fears.
S… Read More