The EUR/JPY currency pair experienced a surge from around 161.00 overnight, but this upward momentum waned during the Asian session on Wednesday, attracting sellers. The pair subsequently declined, approaching the 162.00 level, and appears...
The GBP/USD chart on the H1 timeframe shows a market that has been moving in a relatively volatile range, with the current price at 1.2398. Bollinger Bands indicate fluctuations in volatility, with recent price action testing both upper and lower...
USD/JPY As of today, USD/JPY is showing some interesting movements, shaped by both technical signals and fundamental drivers. Technical Analysis: I’ve noticed that USD/JPY recently broke below its 50-day moving average, hinting at potential bearish...
Technical analysis of XAUUSD Today I chose gold for technical analysis, the target market is currently in a downtrend, and the price is rising. Gold is currently in support; the price of gold rose from a support level in 2876 to resistance in 2910,...
Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
