Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price is going up, but I see the market coming out of this trend line, which is helping the price a lot. After breaking the trend line, the cost market failed to...
USDJPY Daily Analysis On the daily chart, USD/JPY has formed an ascending triangle. The current value is 152,307 and the maximum support is 149,910. This area has been used several times. It requires the participation of sellers. This will increase...
Support and Resistance In forex trading, support and resistance are key concepts used to identify potential price reversal points. These levels help traders make informed decisions about when to enter or exit trades. Here's a breakdown of each:...
USD/CAD Analysis: Market Overview As of Thursday during the Asian trading hours, the USD/CAD currency pair was trading at 1.4260, continuing its downward trend for the third consecutive day. The daily chart indicates that if this pair breaks below...
Brent crude oil, a major benchmark for global oil prices, plays a crucial role in the global energy market. Its price movements are influenced by supply and demand factors, geopolitical events, economic data, and OPEC+ production policies. In this...
