Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...
EUR/ JPY /D1 The EurJpy pair I monitor is running on the bearish side since the beginning of July until it can go down far. The downward trend can still be continued until this week and the price slowly seems to be moving towards the bearish side....
USD/JPY H-1 TIME FRAME CHART. As of now, on the H1 chart, the currency pair USDJPY remains steady at 153.745. An indicator on this platform, dubbed Instaforex, reveals that buyers hold a slight advantage of about 53.23%. Meanwhile, the indicator...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
The Pound Sterling has recently shown impressive resilience against the US Dollar, despite the latter's weakened stance. The US Dollar Index (DXY) dipped below 104.80, contributing to the GBP/USD pair climbing to 1.3040, marking a 0.41% increase....