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 161.40 and support at 159.99; if the market breaks our support, it falls. If the...
Bitcoin Technical Analysis Currently, Bitcoin is trading at 105198 and is showing strong bullish momentum. On the H1 chart, the BTC/USD market price tests the 20 SMA near the 105000 support level. This level is fundamental as it can determine...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...
Crude Oil Technical Analysis Crude oil is currently in a strong downtrend on the M30 timeframe. The price consistently makes lower highs and lower lows, confirming a sell structure. Every time the price tries to move up, it encounters resistance at...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...