In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market over different time frames. It is calculated as the average of the high, low, and closing prices from the previous trading day. The...
USD/ JPY Forecast and Analysis Today, we'll analyse the USD/ JPY Currency pair's price action and discuss our findings. In the current reality, the meaning of the upward move to the resistance at digit 162.00 and the subsequent fall is clear. At the...
EUR-GBP Analysis 27 July 2024 H4 Timeframe The price movement of the EURGBP pair has not yet managed to pass the support (S1) 0.8393 in a visible manner. The price is seen bouncing back up towards the pivot point (0.8413) and SMA 200. If the price...
The merchandisers of EUR/ USD are successfully crossing their value , having reached around the1.0842 zone history. This movement was largely driven by the US bone 's strength against the European Euro. also, the German and French Flash datacould...
The Australian bone fell sprucely beforehand in Wednesday’s trading session, as the request hit a new low. In this case, it seems prudent to delay any action until the0.6450 position is targeted. The current request fear is unknown in recent memory...