The EUR/JPY currency pair exhibited a continuation of its bearish trend on Wednesday, extending losses for the second consecutive day. Trading hovered around the 159.60 mark during the Asian session, reflecting a downward trajectory confined within...
The price action is currently showing an upward trend, with the market creating higher highs and higher lows. This pattern is evident as the price steadily moves above the red moving average, which serves as a dynamic support line. The break...
Technical analysis of XAUUSD My technical analysis pick today is gold, which is currently bearish and helping to pull momentum lower. When stable, the market price is below the 2634 resistance, and the current market price holds the 2625 small...
Gold prices showed resistance despite last Monday's drop to a five-day low and retested resistance near the descending trendline on Tuesday. It was the fourth consecutive day of testing at this level since last Thursday. At the time of writing, it...
Technical analysis of GBPUSD Pick GBP/USD for technical analysis today; the current market downturn has helped lower prices on the cold line. The price is falling because of this downtrend line. After finding support at 1.2512, the market bounced...