Technical analysis of EURJPY Today I chose EUR/JPY for technical analysis; the market is currently falling, helping the price of the cold line fall. Prices are declining due to this reduced train line. After finding support at 161.40, the market...
On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
The GBP/USD pair on the hourly chart shows a recent upward trend after a prolonged period of decline. The price has been moving steadily higher, following a series of higher highs and higher lows. However, after reaching the 1.2445 level, the...
The GBP/JPY currency pair staged a partial recovery on Tuesday, rebounding from recent losses to trade near the 193.80 level. While this suggests some renewed bullish momentum, technical indicators point towards a potential weakening of the uptrend....
USD/JPY Market Analysis Greetings and Good Morning guys! Yesterday, the USD/JPY market successfully crossed the significant 156.00 zone, marking a clear upward trend. This bullish movement was largely influenced by incoming news events related to...
