Today, we might see a breakdown of the 1.0739 level, signalling a buying opportunity. A breakdown and confident consolidation above the 1.0744 mark would confirm further growth in the medium term. If the exchange rate breaks and consolidates above...
EUR/JPY D1 ANALYSIS. EUR/JPY pair stays bullish, with the more extensive upswing still unblemished, supported by vigorous help levels. The next critical support level is 161.00, and the support zone around 169.00-170.00 is expected to hold firm...
I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...
GBP/USD/D1 As long as the demand area remains intact, the opportunity for GBP/USD to continue its upward trajectory appears substantial. This demand area acts as a critical support zone, and its preservation is key to sustaining the bullish outlook....