Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
AUD/USD Daily Chart Analysis Current Price Action Overview According to today's analysis, the AUD/USD currency pair is approaching a strong support zone located around the 0.6120 level. This level has previously caused significant price bounces in...
GBPJPY Daily Forecast The daily chart of the GBP/JPY pair presents an interesting technical picture that reflects the transition from a long-term decline to a potential decline. First, the pair is trading within a downtrend channel characterized by...
This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
GBP/USD Technical Analysis: GBP/USD has been holding steady around 1.28, with key resistance at 1.2850 and strong support at 1.2700. If it manages to break above 1.2850, I expect a move toward 1.2900 next week. On the flip side, if it drops below...
