USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
EUR/USD slips out of 5 months RSI and MACD decrease in the reached territories. EUR/USD retreats after it has gained more than 5%since February 28, sending a market to a new five -month maximum to 1.0945. Technical oscillators also currently support...
Technical analysis of EURJPY Today I will start technical analysis on EUR/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 161.13 and above...
GBPJPY TECHNICAL ANALYSIS The GBPJPY currency pair is currently trading at 191.102 and remains within a defined range of 187.011 to 194.777. The overall trend continues to exhibit bullish characteristics as long as the pair sustains trading above...
GBP/USD Technical Analysis and Forecast The GBP/USD market is currently exhibiting a bearish trend. It recently fell to 1.29199 before starting a recovery. The GBP/USD market trades around 1.29361, indicating a slight recovery. The US dollar is...