Blog News
The yen weakened again, with USD/JPY climbing to 147.60 after hitting an intraday low of 146.70 during the Asian session. A Suspicious Ending Diagonal pattern forming on the H1 timeframe suggests the potential for further upside, with price targets at 148.70 and 150.20 — both aligning with the Fibonacci extension levels of the pattern. Recommendation: […]
The EUR/JPY currency pair is currently showing potential for further decline. This signal comes from the formation of a swing high pattern, which signals the weakening of buying pressure and the strengthening of seller dominance. This condition reinforces the view that prices are likely to move lower, in line with the ongoing weakening trend. Recommendation […]
The GBP/JPY currency pair is currently showing the potential for further decline, along with technical signals indicating a continuation of the weakening trend. This condition is reinforced by candlestick confirmation, which emphasizes the dominance of selling pressure in the market. As long as the price does not break the nearest resistance area, the opportunity to […]
The EUR/GBP currency pair is showing bullish potential. This is driven by the fact that price is currently in an oversold zone, indicating that selling pressure is fading and a reversal may be in play. Additionally, the price is hovering near a swing low, and a double bottom pattern has formed — both of which […]
The GBP/JPY currency pair is currently showing signs of bullish continuation. Technical indicators support this view, with a bullish candlestick pattern confirmed and the formation of a swing low, suggesting strong demand at lower levels. In addition, the price action appears to be forming a double bottom pattern, a classic chart formation that often signals […]
The AUD/CAD currency pair is currently showing bearish potential. This outlook is supported by a descending trendline, indicating that selling pressure remains dominant in the market. Additionally, the formation of a swing high further reinforces the bearish technical structure. As long as the price remains below the nearest resistance, the possibility of a move toward […]
The NZD/JPY currency pair is currently showing signs of bullish continuation. This outlook is supported by the formation of a bullish chart pattern, indicating that the market is building a price structure favorable to further upward movement. In addition, the appearance of a swing low provides further confirmation that buying pressure is strengthening, increasing the […]
The GBP/JPY currency pair is currently showing bullish momentum. A shift in the trendline direction from downward to upward indicates that buying pressure is beginning to take control of the market. This bullish scenario is further supported by bullish candlestick confirmation and the formation of a swing low, both of which signal that the price […]
The NZD/JPY currency pair is currently showing strong bearish potential. This outlook is supported by the formation of a double top pattern, a classic technical signal of a trend reversal from bullish to bearish. Additionally, the presence of lower high (LH) momentum reinforces the bearish structure, suggesting that selling pressure remains dominant and that the […]
The CHF/JPY currency pair is currently signaling further downside potential after forming a new lower high. Technically, the price action is developing into a Head and Shoulders pattern, which is widely recognized as a strong bearish reversal signal. To confirm the bearish move, a break below the neckline is needed. Once the neckline is broken, […]
