GBPJPY , H4 | Bearish Dip

Type: Bearish ReversalKey Levels:Resistance: 158.75Pivot: 158.107Support: 155.964Preferred Case:Prices are at a daily Pivot. We see the potential for a pullback from our sell entry at 158.107 in line with 100% Fibonacci extension and 100% Fibonacci retracement towards our 1st support at 155.964 in line with 23.6% Fibonacci retracement. RSI is on bearish momentum.Alternative Scenario:Alternatively prices may climb towards our 1st resistance at 158.75 in line with 200% Fibonacci Projection.

Source: Tickmill

Murrey Math Lines 12.04.2024 (Brent, S&P 500)

Brent Brent quotes are above the 200-day Moving Average on D1, indicating a prevailing uptrend. The RSI has broken the support line, exiting the overbought

Technical Analysis & Forecast 12.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside

Ichimoku Cloud Analysis 12.04.2024 (EURUSD, XAUUSD, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD has secured under the support level. The instrument is going below the Ichimoku Cloud, revealing a downtrend. A test

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