Forecast of EURJPY Weekly time frame chart outlook: More than two years have passed since the price last ran in the upward channel on the weekly time frame chart. The price increased and declined numerous times within this ascending channel,...
The EUR/CHF currency pair continues to exhibit a downward trend, with its price movement indicating a persistent rally towards lower levels. Recently, the pair has been attempting to break through the support level, marked at 0.9633. Despite...
USD/ JPY /H4 Let's talk about how the USD/ JPY currency pair's price has been behaving and what analysis can be drawn from it. The buyer's strength is reflected in the linear regression channel on the H4 chart, which is trending upward. The steeper...
The USD/CAD currency pair is currently trading within a narrow range of 1.36760 to 1.36747. This tight range suggests a period of consolidation, where the currency pair is experiencing low volatility and limited movement. Such scenarios are common...
Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...