Analysis of EURGBP from a Technical Perspective For today's analysis, I selected EUR/GBP. In the beginning of trading, the value of EUR/GBP decreased, which contributed to its falling price. The price in the market surpassed the Dawn trendline,...
USDJPY currency pair - let’s consider the D1 period chart. The wave structure here is building its order downwards. The MACD indicator is again decreasing in the lower sales zone and below its signal line. We expected the decrease in early April,...
The Euro is facing notable pressure ahead of the US trading session, slipping below the 1.0890 mark as of Monday. This decline comes after reports that President Trump is considering the implementation of universal tariffs on only critical imports,...
The currency pair was initially trading within a descending trend channel, which is a typical market structure characterized by a series of lower highs and lower lows. In this scenario, traders often look for selling opportunities as the price...
The recent price action of the AUD/JPY currency pair has captured the attention of traders and market analysts alike. After concluding a downward cycle at the support level of 86, which corresponds to the -1.8 mark on the Murray Math levels, the...
