At present, the EURJPY market has finished at the level of 161. 84, and there are expectations for further upward movement. This level acts as resistance, and it seems that buyers are quite strong. In general, the EURJPY market appears to be...
The Impact of Interest Rates on the Forex Market Interest rates play a crucial role in the foreign exchange (Forex) market, significantly influencing currency values, trader decisions, and market volatility. As one of the most important fundamental...
USD/JPY Technical analysis H-1 Chart Hello. Today we have dedicated the day to growth again. The price rose from the opening and reached the maximum point of 1.1570. From it, EUR/USD successfully started to decline and stopped not far from the top....
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...
Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
