EUR/JPY DAILY MARKET ANALYSIS. Good morning to all my friends, this morning I will try to analyze the pattern formed against the EUR/JPY currency pair. By understanding the pattern formed, it is expected that we can see the price action for the...
The Eur/Chf pair had fallen to a 2.5-year low at 0.9300 but remained above the support line of a nearly year-old descending channel, boosting hopes for a potential recovery. Caution was advised as the RSI and Stochastics had yet to bottom in...
USD/JPY technical analysis The yen has strengthened due to the Bank of Japan's interventions and the overall weakening of the greenback. A downward price movement can see on the daily chart. We are experiencing the corrective wave C phase by...
GBP/USD Price Trends and Market Sentiment Recent Price Movements The GBP/USD currency pair has been experiencing a continuous decline in recent sessions, indicating the potential for further downward movement. Traders have noticed that the pair has...
GBP/CAD Pair Forecast As of today, the GBP/CAD market opened at 1.7782. The 12-period and 36-period Exponential Moving Averages (EMA) on the Hourly chart have become increasingly flat and are intersecting, reflecting the recent unsteady price...