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USDJPY remains within a Bearish Flag pattern, a technical signal indicating potential continuation of the downtrend. After a pullback to the previous resistance area, the price shows renewed bearish pressure. Under these conditions, USDJPY is likely to weaken further toward the classic support area as its next target. Trading Recommendation: *DISCLAIMER: All content in daily forex news is […]
AUDJPY is currently showing signs of significant weakness and has the potential to continue its decline toward the next support area. This bearish outlook is reinforced by the formation of two consecutive lower highs, which serves as a strong technical signal for a continuation of the downtrend. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. […]
The current outlook for CHFJPY suggests that the price is likely to rise. This bullish momentum is supported by a breakout strategy and a bullish candlestick pattern, indicating strong upward potential. Furthermore, the absence of any significant reversal signals confirms that the probability of continued bullish movement remains high. Trading Recommendation: *DISCLAIMER: All content in daily forex […]
The current outlook for EURGBP suggests that the price is likely to rise. This bullish potential is supported by the formation of a double bottom chart pattern, which serves as a strong technical signal for reversal to the upside. Moreover, a breakout strategy provides additional confirmation that the pair may continue its bullish momentum toward […]
The current outlook for EURJPY suggests that the price is likely to rise. This bullish potential appears to be sustainable, as despite a recent correction, the pair continues to show strong upward momentum. Additional confirmation comes from candlestick patterns and a breakout strategy, further supporting the bullish outlook toward the target price. Trading Recommendation: *DISCLAIMER: All […]
The outlook for GBPJPY currently suggests that the price is likely to rise. This potential upside appears to be sustainable, as despite a recent correction, the pair still shows strong bullish momentum. Furthermore, the bullish scenario is supported by candlestick pattern confirmation, with no significant signs of a bearish reversal at the moment. Trading Recommendation: […]
The outlook for NZDJPY currently suggests a bearish bias. This downside potential is driven by a trendline reversal to the downside, which signals a possible continuation of weakness after the recent correction. Additional confirmation comes from a candlestick pattern and the formation of a swing high, both strengthening the bearish outlook. Trading Recommendation: *DISCLAIMER: All content […]
The current outlook for GBPJPY suggests that the price is likely to decline. This bearish potential is supported by the fact that the price is trading lower compared to previous levels, indicating further downside pressure. In addition, a candlestick pattern confirmation provides stronger evidence of a bearish continuation. Trading Recommendation: *DISCLAIMER: All content in daily forex news is […]
The current outlook for EURJPY suggests a bearish move. This downside potential is supported by the formation of a double top chart pattern, along with a trendline shift from bullish to bearish. In addition, a candlestick confirmation further strengthens the probability of continued weakness in the short term. Trading Recommendation: *DISCLAIMER: All content in daily forex news is […]
USDJPY is currently showing potential for a short-term bullish move. This upward momentum is supported by the formation of a Falling Wedge Pattern, which is typically considered a bullish reversal signal. With this pattern, the pair has a higher probability of moving toward the target price. Trading Recommendation: *DISCLAIMER: All content in daily forex news is informative. PT. […]
