The market has taken a bearish turn, and a downward channel has opened up, indicating that sellers are currently dominating. As the downward momentum continues, I expect that the price will decline to the 157.515 level. This specific level is...
EUR/JPY Analysis 27 July 2024 H4 Hour Analysis The results of observations on the chart indicate that until now the condition of the EURJPY currency pair is still moving upward correction with a range that is still not too wide. This currency pair...
USD/JPY H-1 TIME FRAME CHART. As of now, on the H1 chart, the currency pair USDJPY remains steady at 153.745. An indicator on this platform, dubbed Instaforex, reveals that buyers hold a slight advantage of about 53.23%. Meanwhile, the indicator...
THE CURRENCY PAIR USD-CAD At the time of writing this post, the USDCAD currency pair, on the H1 chart, is flat and at 1.38321. The Instaforex indicator, which is on this forum, in the first part shows a slight advantage for buyers, in the range of...
Outlook technical analysis: The recent resistance encountered by the CAD/JPY pair underscores the presence of significant selling pressure in the market. This resistance level may represent a key inflection point, where traders reassess their...