Technical analysis of USDJPY Today I choose USD/JPY for technical analysis; the market price is rising. The market break the 156.51 resistance level after breaking all subsequent resistance levels, and then the market went up to the main support at...
The currency pair kicked off the new trading week with a decline, testing levels below the 1.2505 mark on Tuesday. As traders prepare for a week packed with central bank updates and key economic events, there is heightened caution surrounding...
The USD/JPY currency pair is currently facing resistance around the 157.95 mark, showing signs of retracing after recent upward movement. As the pair trades around 157.33 at market close, traders are carefully watching critical support levels to...
The currency pair is currently seeing a positive shift, fueled by a strong tone in European equity markets that is weakening the safe-haven and benefiting risk-sensitive assets. While this environment has provided some support to the pair, the...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis; if you see the market price in the 1-hour time frame, the price is falling, which helps the price to pull the trend line lower. The market price breaks the friendly line and...
