USD/JPY's current market position reflects a balance of technical strength and cautious optimism. Holding above the 155.54 pivot point, the pair has demonstrated resilience, setting the stage for potential advancements towards key resistance levels...
The Average True Range (ATR) is a technical analysis indicator used in forex trading (and other markets) to measure market volatility. Introduced by J. Welles Wilder Jr. in his book "New Concepts in Technical Trading Systems," ATR helps traders...
The GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’s...
The British pound sterling (GBP) experienced a significant decline against major currencies on Friday, following the release of disappointing retail sales data from the Office for National Statistics. This data revealed a 0.3% contraction in retail...
The USD/JPY pair currently exhibits a compelling technical setup, suggesting potential bullish momentum with an anticipated rise between 88 and 132 pips. The pivot point at 155.54 acts as a crucial threshold, and as long as this level serves as...
