Technical analysis of EURJPY Today we will perform a technical analysis on EUR/JPY. What is the quality of the support and resistance levels in the market? The market also broke through the support level, and now the support level is set as...
USD/CHF Technical Analysis: USD/CHF has been consolidating around 0.8800, with resistance at 0.8850 and strong support near 0.8750. The 50-day EMA is holding as dynamic support, while the 200-day EMA sits around 0.8900, a key breakout level to...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis. GBP/AUD market price is currently falling. The dawn trendline is helping push the price lower. So this time the market price is falling with the help of the trend line....
EURJPY Chart Analysisaily Period Introduction Analyzing the EURJPY chart on a daily (D1) period, it's essential to highlight the current wave structure, which indicates a bearish momentum in the market. The latest wave has updated previous lows,...
The USD/JPY pair has been in a clear downtrend on the H1 timeframe, with price action consistently forming lower highs and lower lows. The pair is currently trading near the 149.28 level, which appears to be acting as a short-term support zone. The...