Understanding key technical levels in the market is essential for successful trading. The primary support level is at 1.2100, which has historically been a strong buying zone. A bounce from this level indicates bullish sentiment. The secondary...
I have analyzed the EUR/GBP currency pair and identified several key technical levels that could influence its future movements.Currently, the pair is trading within a descending channel, with the lower boundary acting as support. The immediate...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
XRP Price Action: February 23, 2025 Regulatory Winds Shaping XRP’s Path The biggest headline surrounding XRP today is the approval of a spot exchange-traded fund (ETF) in Brazil. This marks a major step for institutional adoption, as traditional...
**USD/JPY Analysis – February 23, 2025** Analyzing the current chart, it appears that the USD/JPY pair is in a downward trend. The current price is at 149.264, which is below recent highs, indicating a decline. Price movements within the Bollinger...