Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. Market prices are currently rising and buying momentum is helping them rise. The market price broke the resistance level and the market price is currently forming a double...
EUR/USD Technical Analysis and Basic Concepts The EUR/USD market has been in a downtrend recently. After reaching 1.0370 today, it started to fall rapidly and is currently trading around 1.0348. The price broke above the 20 small moving averages...
The spot price prices have sustained their upward momentum, trading close to $2,636 as of Thursday, despite the strengthening U.S. dollar in response to the latest Personal Consumption Expenditures (PCE) report. This rise comes amid persistent...
USD / JPY: An Hourly Time Frame Road Map We have more buying opportunities in the USDJPY market. It hit the upper-level of 157.00 yesterday which indicates that the bulls are in action. Thus, don't go downward right now as the bears are not in...
Technical analysis of USDCHF Today we will perform technical analysis on USD/CHF. USD/CHF is a major pair of the forex markets. The market is currently between our support and resistance levels. USD/CHF maintains a bullish tone and is currently...
