The EUR/JPY currency pair continues to exhibit bearish momentum, with the pivot point at 156.78 acting as a key resistance level. As long as the price remains below this threshold, the downward trend is expected to persist, with a potential decline...
The EUR/CHF currency pair remains entrenched in a strong bearish trend, with price action continuing to exhibit weakness below the key resistance level of 0.9408, which serves as the pivotal point for market direction. As long as the price fails to...
The EUR/JPY pair remains in a bearish phase, with the resistance at 156.78 preventing any sustained recovery. As long as the price stays below this level, downward pressure is expected to dominate, with a potential decline of 84 to 125 pips. The RSI...
This week, I observed that the buyers' start was not successful, and instead, the bears began to exert more pressure. I noticed that the bears are still attempting to push the price below the support level of 1.4160, but to the credit of the buyers,...
In the context of the USD/CHF pair on the daily chart, it appears that we might see distinct movements in opposite directions. It’s not uncommon for currency pairs to behave differently, and I believe we are about to witness such a scenario here. A...