On the daily chart of the GBP/JPY pair, I observed that after reaching a local high on March 18 at 194.902, the pair failed to break through the resistance zone near the January 24 high, as well as the 100-day and 200-day moving averages. I noticed...
Good morning . With the bullish journey starting from the previous two-week trading period, the candlestick journey in the GbpUsd market has shown that the price may want to move to the bullish side because in the monthly time frame, bullish...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good Morning, I hope that all of my coworkers are enjoying their lives. I hope you are ready to trade again. Now let's start the analysis by using the EMA and this timeframe. Currently, the market...
Since the start of this week, the bulls have been in action and hit the 0.5800 level approximately. The steady upward momentum indicates strong buying interest, creating opportunities for further gains. A buy entry on NZDUSD with a 20 to 25 pips...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Hello friends and moderators. At this time I am going to do a technical analysis of EUR/USD. EUR/USD is trading at 1.0840 at the time of writing. The technical and fundamental factors are favoring...