Technical Review of USDJPY For today’s analysis, I will focus on USD/JPY. The pair is currently oscillating between a minor resistance at 150. 96 and a support level at 149. 09. The market price consistently adheres to these resistance and support...
USDJPY Technical Analysis USDJPY is facing bearish pressure, currently trading around 150.50 levels. The pair recently broke below a key support level at 150.80, indicating further downside potential. The 70-period moving average (MA) is acting as...
Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
Gold Market Overview Gold continues to trend higher despite some short-term corrections. The market opened with strong buying momentum and rose to 2949 before falling to 2923. Gold is currently recovering and trading around 2931. The key resistance...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 150.96 and support at 149.09. The market price highly respects this resistance and support level, and the price walks in this...