Technical analysis of the USDJPY pair On the 4-hour chart, the pair price started trading this week inside the white triangle, which is the common area between the price channels. Where we have the red channel, which is a side channel that...
EUR/JPY is trading near a significant resistance zone at 163.50. A breakout above this level could pave the way for a move toward the next resistance at 144.50. On the downside, support lies at 162.50, with further declines potentially targeting...
Hello. For the Euro, buyers were not allowed to consolidate above the 1.05 level, and in general, sellers can try to move the price further down along the older downward trend. The first target for the development of the fall is the 1.04238 level,...
British Prime Minister (PM) Keir Starmer said on Tuesday, “I am beginning to see the UK’s economy turning around Artificial intelligence (AI) will be a game-changer. The government hears 'loud and clear' the message to cut regulation. GBP/JPY could...
A Deep Dive into Gold Prices The Gold pair's price action analysis will be our focus point in this discussion. Gold’s H4 chart is displaying a strong bullish trend within an ascending channel, with prices respecting both the upper and lower...
