Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. The market is falling, causing the price to drop near the 151.89 support. The market price has broken the support level several times and has yet to break the resistance at...
I analyzed the EUR/USD pair and have developed a bullish outlook, but concerns linger regarding the monthly timeframe, where bearish trends may push the price down to 1.04. However, the daily bulletin indicates that buyer sentiment is expected to...
In Thursday's North American session, the pair exhibited a significant rebound, approaching the key support level of 1.2940 against the US Dollar (USD). This recovery follows a sharp decline observed on Wednesday, with the pair stabilizing around...
EUR/GBP The EUR/GBP pair’s exchange rate rebound last week seems unable to continue this week. In fact, the exchange rate managed to break through the resistance level (R1) 0.8426 and reached a high of 0.8433. Unfortunately, the rebounded exchange...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; market prices are falling, and selling pressure is helping. If the market price is visible on the EUR/GBP 1-hour time frame, the price is breaking below the 50-day simple...