Analyzing the Recent Moves of the USD/CHF Pair Last week, the USD/CHF currency pair broke the resistance level of 0.8840 on the daily timeframe chart. In this context, price action means it can go up further. Generally, after this kind of breakout,...
Market Outlook GBP/JPYHello and good day everyone! The GBP/JPY market broke through the 197.95 level yesterday. And buyers are understanding its value consistently and confidently. Furthermore, it is essential to adjust trade setups based on current...
Gold Fundemantal As tensions between Russia and Ukraine escalated and the dollar retreated from recent highs, gold prices rose for a second straight day on Tuesday, November 19, hitting a one-week high. Investors await comments from the Federal...
Technical Analysis: Neutral Signals Dominate EUR/JPY EUR/JPY has recently rebounded from a six-week low of 161.50 to 163.07, but its technical indicators suggest indecision. The **Relative Strength Index (RSI)** stands at 46.85, pointing to a...
General Points of EURJPY: As the selling concept strengthens, the EURJPY market has moved downward and is currently trading at the 162.30 level. This decline highlights the control that sellers have over the market at present. Several factors...
