USD/JPY Technical Analysis: Bearish Momentum and Key Levels Overview The USD/JPY currency pair has demonstrated a strong bearish move recently, breaking through a significant support level at 153.74, which has now turned into resistance. As the...
NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of a correction downwards and then a return to the upside again. During this week, the price started trading with a price gap...
GBPUSD Technical Outlook Hello, everyone! Good evening. If we approach this level with declining or below-average volumes, there’s a chance for an unexpected move, as illustrated in my scenario. Specifically, the price could suddenly spike upward,...
I've noticed that the instruments are starting to create conditions for growth. Observing the price action, I saw that it pierced a local maximum but subsequently fell back below that level without updating the last minimum. This price movement...
