USDJPY TECHNICAL ANALYSIS The Japanese Yen (JPY) weakened significantly against the US Dollar (USD) recently, reaching its lowest level in a month. The decline occurred after Bank of Japan Governor Kazuo Ueda's press conference did not provide a...
Gold Technical Analysis On the 30-minute chart, the market structure and trend of gold are bullish. Currently, the market is trading above the 200-day Simple Moving Average (SMA), which is moving upwards from a strong support area near 2680, which...
GBPJPY TECHNICAL ANALYSIS GBPJPY price is above the 200 Exponential Moving Average (EMA) which indicates that the long-term trend is still bullish, indicating buyer dominance. However, when the price starts trying to fall to close the GAP on the H4...
EUR/JPY Market Forecast Greetings and Good Morning to Everyone! The overall market sentiment of EUR/JPlooksok is in favor of buyers today. Because the Japanese yen has no particular news events today. Therefore, traders need to understand the market...
EUR/USD Market Outlook Greetings and Good Morning to everyone! Yesterday, the market of EUR/USD crossed the 1.0254 zone successfully. So, the buyers can enter the market with a target of 1.0334 ahead. Also, the current market dynamics require...