The technical outlook for GBP/JPY suggests a clear preference for the downside, with multiple indicators signaling continued selling pressure. One of the most notable factors supporting this bearish perspective is the Relative Strength Index (RSI),...
The NZD/USD currency pair is showing strong indications of bullish momentum, with analysts forecasting a rise between 22 and 32 pips under the condition that certain technical thresholds are maintained. The primary focal point in this setup is the...
As I analyze the USD/JPY pair on the weekly timeframe, I observe that the past five-day trading period has been favorable for buyers. I note that the bullish momentum was not without its challenges, as the last candlestick, while having a bullish...
EUR/JPY remains at a crossroads, with its price oscillating between significant support and resistance levels. The key focal point for traders remains 159.19, which serves as a crucial determinant of future price action. If the pair sustains above...
ETH/USD Technical Analysis and Forecast ETH/USD is in a downtrend and is trading near 2685. The market sentiment is bearish as Ethereum’s decline below the 100 EMA on the H1 chart indicates further downside pressure. The price is approaching a key...
