USD/JPY Here’s my analysis of the USD/JPY for this weekend and next week: Technical Analysis: I've been keeping an eye on the USD/JPY, and it’s recently been trading near key resistance around 135.00. This level seems to be holding strong, and if...
GBP/USD Price Movement Update GBPUSD fell again after buyers failed to bring the price up and break the resistance line of 1.2566 in the previous bullish movement. The dollar which strengthened again at the end of last week made GBPUSD depressed...
I observed that the brace originally traded within an thrusting trend channel, but the bullish structure weakened when it traduced the lower boundary, driving a decline. I noted that the breakdown below the support position of 167.586 was...
Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. USD/CHF market prices are currently falling. The Dawn trendline helps push prices lower. Therefore, this time the market price fell with the help of the trend line. After...
The NZD/USD daily chart exhibits a pronounced downtrend, with the price consistently forming lower highs and lower lows. The red moving average (likely a 50-period SMA) follows the price action closely, acting as dynamic resistance. The price is...