EUR/JPY,D1 The exit area for EUR/JPY is at the support line of the ascending channel. This means that the intra-channel correction mechanism launches at a minimum, and the external correction conditions in the medium term peak at a maximum. Another...
The GBP/JPY currency pair is trading around 184.50 on Tuesday, recovering slightly from its recent plunge to 180.10, the lowest level since January. However, the pair is facing significant headwinds due to a strengthening Japanese yen and...
USD/CAD ANALYSIS AUGUST 06, 2024 Based on observations from the 4-hour chart, the price movement for the USDCAD pair is trying to continue the bullish trend which in last night's trading session managed to reach the highest price level this week at...
ood morning fellow investsocial traders, in general we can still see that the main trend that occurs in the EURJPY pair itself is still bullish again and this is at least still happening this week where as far as I can see the price can still stay...
Technical analysis of the EURUSD pair On the 1-hour chart, the price started trading today within ascending price channels, which represent the direction of price movement during the previous two trading days. Yesterday, the price succeeded in...