Yesterday's decline saw the price successfully close below the second support at 1.2743. This breach of a critical support level indicates a potential continuation of the downward trend. Therefore, my prediction for next Monday is that this currency...
If this downward trendline is broken, we will likely see significant growth, with the price potentially rising above 1.2870 or even surpassing this year’s maximum. In the event of such a breakout, the dynamics of the market would shift dramatically,...
EURUSD On the H1 timeframe chart, the EURUSD currency pair has moved downward approximately 100 pips. Yesterday's decline saw the price successfully reach the third support level at 1.0803 and close below it. Since the price has reached its furthest...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Happy morning! I hope the administration and my friend members are all doing well. Today, I will write an article about the USD/JPY market’s current price behavior. USD/JPY is trading at 156.75 at...
The USD/JPY currency pair, currently trading at around 156.75, has shown a bearish trend recently. This decline suggests a weakening of the US dollar against the Japanese yen. Despite the slow movement observed in the market, there are several...