Forecast of EURJPY On the daily time frame chart, the price of the EURJPY has been in a bullish trend and above the 26 and 50 EMA lines in the last few trading days. This week, on Monday, during the price decline, the EURJPY crossed these moving...
The EUR/JPY pair on the H1 timeframe shows a recent downward trend with a slight recovery attempt. Price action has been largely contained within the Bollinger Bands, with multiple instances of testing both the upper and lower bands. The most recent...
GBP/NZD’s current price action is at a crossroads, with the pivot at 2.1911 serving as the linchpin of the near-term technical outlook. The market’s configuration is mixed: the RSI is below 50, which points to a lack of decisive bullish strength,...
Gold Technical Analysis The short-term technical outlook shows that the bullish outlook for gold remains intact. The relative strength index (RSI) indicator on the daily chart is just below 70, suggesting that gold could rise further before...
GBP/ USD endured a sharp withdrawal from its diurnal highs, slipping below the 1.2400 mark as the US Bone( USD) offered a recovery. The Greenback set up fresh demand following reanimated tariff enterprises, driving GBP/ USD lower.From a specialized...