The GBPJPY has been on a noticeable downtrend which I think is set to continue along the channel lines shown.
The colours of varying colour and intensity represent how likely it is that the GBPJPY will continue its decline.
Of course, there is the possibility that the pair will surprise me as always and go back ...
I think the EUR will continue depreciating and appreciating against the CNY as shown by the general trends it seems to be following. There's consistent, although there's not 100% contact with the support and resistance lines. Maybe like 90%?
So hopefully it continues along this trend!
Critique away please :) .
Hi, new here. first time making a graph. Please critique and amend like your life depends on it.
Well from previous data, the EUR/JPY usually hits the support at around the same price level (sometimes lower) and consistently rebounds to the same resistance with similar slopes. So I expect a similar appreciation of ...