Analysis of USDCHF from a Technical Perspective Today, I have selected USD/CHF for a technical review. A few days ago, the market price was declining and breached the downward support level. Currently, since the market price has exited from the...
Technical Evaluation of EURJPY Today, we will analyze EUR/JPY from a technical perspective. How reliable are the support and resistance levels in the market? The market has broken past the support level, which is now acting as resistance; this will...
GBP/JPY Bearish Cycle Continues Bearish Trend and New Targets GBP/JPY is currently in a bearish cycle, with potential price movements indicating a decline of 102 to 151 pips. The pair has struggled to break the 189.51 resistance level, which is...
The USD/CAD currency pair saw a rise during the European trading session on Friday, hitting the significant resistance point of 1. 4200. This climb followed a recovery from a threeday low of 1. 4166, recorded on Thursday. The pair's growth was...
The currency pair EUR/USD faced considerable resistance last Friday, finishing down by 0. 44% at approximately 1. 0450 after encountering resistance at the important 100day Simple Moving Average (SMA) close to 1. 0540. This reversal indicates a...
