Technical Evaluation of EURJPY Today, we will analyze EUR/JPY from a technical perspective. How reliable are the support and resistance levels in the market? The market has broken past the support level, which is now acting as resistance; this will...
Mastering the Basics: Understanding Common Chart Patterns in Forex Forex trading, one of the most dynamic financial markets, offers significant opportunities for traders to profit from currency price fluctuations. However, with the abundance of data...
The EUR/JPY currency pair experienced a notable retracement on Friday, relinquishing a significant portion of its intraday gains. Initially climbing to a peak of 158.23 during the European trading session, the pair subsequently declined to...
The USD/CAD currency pair saw a rise during the European trading session on Friday, hitting the significant resistance point of 1. 4200. This climb followed a recovery from a threeday low of 1. 4166, recorded on Thursday. The pair's growth was...
The GBPJPY pair has broken its sell structure on the H4 timeframe, signaling a potential retracement in the market. There is an order block area above that could act as resistance, and the price might rise to test this zone. On my chart, I've...