Update Wednesday – February 26, 2024 Good night fellow fighters who are currently focused in front of the monitor to observe the forex market.I will discuss the movement of the GBPUSD currency pair with technical analysis. In doing this analysis I...
NZD/JPY is currently entrenched in a downward trajectory, with the 87.22 level standing firm as a key barrier preventing any meaningful upside break. As long as this resistance remains intact, the technical outlook favors further declines. The RSI...
Let’s look again at the D1 period chart today in the middle of the week - the EURUSD currency pair. In this senior period, it is best seen that the price is now within the error limits of the horizontal resistance level of 1.0500. It is also such a...
The USD/JPY currency pair is exhibiting signs of potential upward movement, with technical projections suggesting a possible price increase ranging between 38 and 73 pips. The pivot point, which serves as a crucial reference level for traders in...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...