Technical analysis of the EURJPY pair On the 1-hour chart, the ascending channels were broken downwards and we may see a bearish wave for the pair in the coming hours. During the previous two days, the pair's price trend was upward, which led to...
Technical Analysis : The Pound Sterling moves higher after the UK labor market data for the three months ending October showed a strong wage growth. UK’s jobless rate steadied at 4.3% as expected, and 173K fresh workers were added to the labor...
NZD/USD pressured by New Zealand recession and strong US growth Signs of recovery thanks to better data and rise in dairy prices Technical patterns suggest a potential Kiwi bottom The Fed's rate outlook is likely to lead to another big move Summary...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
Support and Resistance Support and Resistance are key concepts in technical analysis used by traders to identify price levels where a stock, commodity, or asset might experience buying or selling pressure. These levels help traders make decisions...
