Technical Analysis EUR/USD D-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains below 40, highlighting a bearish stance. On the downside, 1.0290-1.0300 (23.6% Fibonacci retirement of the latest downtrend, round number...
USD/JPY has shown strong price action around the 151.80 pivot level, reinforcing the possibility of an upward movement of 69 to 134 pips, with targets at 152.85 and 153.50. The presence of a firm support base at 151.80 indicates that buyers are...
EUR/ USD Price Watch In early January, EUR/USD moved in a fairly stable range before finally experiencing a sharp decline. I observed an increasingly dominant selling pressure pattern, especially after the price failed to break through the...
USD/ JPY Pair Trend Update The USDJPY pair trend is still trying to maintain its bearish phase. We can monitor this condition through the existence of prices that are still moving stably below the Simple Moving Average indicator. The movement of...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
