Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The GBP/JPY market is now in favor of the buyers. Because yesterday it crossed the 191.00 area and the buyers seem optimistic. So I expect the next target for this market to be 192.55.Keep in mind that prudent account management is another essential...
Business Analysis and Advice on Japanese Yen Trading A test of the 152.82 price level occurred when the MACD indicator moved well below the zero level, limiting the pair's downside potential. For this reason I did not sell the dollar. Following the...
The GBP/USD currency pair continues to face significant bearish pressure, primarily driven by the strength of the U.S. Dollar and ongoing geopolitical uncertainties. Despite some supportive factors for the British Pound, such as reduced expectations...
The NZD/USD pair posted modest gains below the 0.5790 level during early Asian trading on Thursday, amid continued uncertainty over potential changes in US trade policy. Concerns have emerged over the possibility of a weakening of the Chinese yuan...