TECHNICAL ANALYSIS OF EUR JPY PAIR. On the H1 chart, EUR/JPY has been trading within a defined descending channel since mid-March, characterized by lower highs and lower lows. The most recent visible price action shows a bounce from the 186.260...
GBP/JPY DAILY CHART ANALYSIS The GBP/JPY price is trading in a narrow range just below 215.00, a key psychological resistance level, struggling to maintain recent upward momentum around 214.20 at the start of European trading. The price is showing...
Overview of GBPUSD Trend: The GBP/USD currency pairs price movement analysis has been subject to debate lately. Support is sturdy at 1.35050 and 1.34800, causing an increase in prices on Friday. However, failing to consolidate above 1.35350 may lead...
EURUSD Price Dynamics: Todays focus is on analyzing the price movements of the EUR/USD currency pair. If, on Monday, the price surpasses the 1.17686 level after a false breakout and remains above it, a buy signal will be triggered. A fake breakdown...
Gold Market Analysis The Gold (XAUUSD) chart shows a clear shift in market sentiment from bullish to bearish on the one-hour time frame. After a sustained upward move that took the price to the 4820-4830 resistance zone, the market failed to hold...
