In the EURUSD H1 timeframe chart, I have identified a potential resistance level at 1.27430. Current market trends suggest that the price may rise to this point. However, I anticipate that upon reaching this resistance level, the upward momentum is...
USD/JPY Current Market Outlook The USD/JPY currency pair is back in the spotlight, with a recent pullback during European trading on Friday. The pair is currently hovering near 157.50, a sign of the Japanese Yen regaining some lost ground. This...
WHAT IS A PIVOT POINT? A pivot point is a is a used by forex traders as a price level gauge for potential future market movements. The pivot point indicator is used to bias as well as levels of , which in turn can be used as profit targets, stop...
In the realm of currency trading, the EUR/USD pair has sustained its upward trajectory, maintaining its bullish momentum on Tuesday. This enduring trend signifies a notable surge, which warrants a meticulous examination to grasp its intricate...
EURJPY H1 Hello all, The EUR/JPY currency pair experienced a significant rebound today, recovering most of the losses incurred during the previous trading session. This resurgence is largely attributed to the ongoing weakness of the Japanese yen,...