The EURJPY currency pair is currently displaying signs of seller activation, and I believe this presents an interesting opportunity for short positions. Although the full potential of this move has not yet been fully revealed, I am closely...
TRADING CHART ON NZD/JPY H4. The New Zealand dollar is expected to drop in value because the Reserve Bank of New Zealand lowered interest rates. This decrease, from 4.25% to 3.75%, might cause the NZD/JPY exchange rate to decline. This fits with the...
The EUR/GBP H1 chart displays a clear downward trend, with the price consistently making lower highs and lower lows. The red line represents a moving average, likely a 50-period SMA or EMA, which acts as dynamic resistance. The price remains...
USD/JPY stuck to the 151.50-152.20 area Technical signals indicate that bear risks are alive This week, USD/JPY pedaled water within a close range and held between 200 days of exponential gliding average (EMA) near 152.20 and support levels of...
The AUD/USD H1 chart shows a clear uptrend with strong bullish momentum as price action continues to make higher highs and higher lows. The price has recently surged past key resistance levels, now trading around the 0.6356 mark, which aligns with...
