Currently, the price is between 1.0986 and 1.0806, indicating the need for consolidation and clearing the path. On the H4 timeframe, the significant support level is at 1.0986, while the resistance level is at 1.0806. Traders should look for entry...
However, traders are waiting for the levels where the yen pairs are likely to bounce down after this upward wave. Yet, on the 4-hour chart, the pair's price is indicating a new upward target, which is the weekly resistance level of 206.64. This...
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/M30/ 164,778. The EURJPY currency pair with the M30 timeframe already has a good signal, it's time to do an analysis. The increase in the price of EURJPY is higher than the resistance, indicating that buyers have dominated the market. The...
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...