Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The market price is currently rising and buying momentum is helping it rise. The market price broke through the resistance level, and the market price is currently forming a...
How to trade a pair of EUR/USD 21 February? Simple Tips and Analysis of Trade for Beginners Analysis of Thursday stores 1h Graph EUR/USD The currency pair of EUR/USD continued to show extremely low volatility, especially influenced by technical...
GBPUSD GBPUSD outlook: The GBPUSD pair continues to face pressure due to the ongoing strength of the US Dollar and concerns over the UK's economic outlook. The Federal Reserve's hawkish stance and expectations for higher interest rates for a longer...
During Friday's Asian trading hours, the EUR/JPY cross draws some buyers to about 157.70. The Japanese policymaker's statement that rising long-term rates can put pressure on Japan's budgetary condition caused the Japanese yen (JPY) to weaken. The...
General Observations on EURJPY The EUR/JPY pair has hit a level of 156. 27, indicating that sellers are firmly in charge of the market. The pressure from sellers has pushed the price lower, and if the negative sentiment continues, we might observe...