In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market over different time frames. It is calculated as the average of the high, low, and closing prices from the previous trading day. The...
Forecast of EURJPY Daily time frame chart outlook: The price of the EURJPY has been declining on the daily time frame chart for the past few trading days, but this week's surge in the bears' inclination caused the EURJPY to cross the moving average...
EUR/JPY Market Forecast Greetings and Good Morning to All Visitors! The market is coming down and reached the 165.11 zone yesterday. This decline was influenced by the underwhelming German and French Flash data, which did little to support the...
EUR/USD H-1 I disagree with your opinion on the decline of this couple. I turned to H1 time. This is usually used by peeling enthusiasts. I think we are in a trend here. Yesterday, the 1.0827 area declined to confirm the response to the previous...
GBP-USD PAIR MOVEMENT On the daily trend, GBPUSD shows a strong bullish tendency. This can be seen from the EMA 100 which is still pointing up, indicating a stable and sustainable momentum in the uptrend. In addition, the price managed to break...