USDJPY Pair Trend Strength Update The Japanese yen (JPY) showed remarkable strength, reaching its highest valuation against the US dollar (USD) since early October. The surge was supported by persistent market speculation about the Bank of Japan’s...
Technical analysis of EURJPY Today I will show you EUR/JPY technical analysis. The market is currently in a downtrend. Where is the market between our resistance at 161.13 and support at 159.44; if the market breaks our support, it falls. If the...
GBPPUSD Daily Outlook UK GDP data for January will be released on Friday, and market participants will be closely watching to gauge the direction of the UK economy. Analysts expect a modest growth rate of 0.1% this month. While this is a positive...
Currency pair AUDUSD - consider the chart of the D1 period. After the last growth wave updated the maximum of the previous one, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it...
Technical analysis of GBPNZD Choose GBP/NZD for technical analysis today. The GBP/NZD market price is in an uptrend and the current trend line supporting the price increase has been broken. The battle started from the downtrend when the market price...