USD/JPY Technical Analysis The USD/JPY market is currently downtrend on the H1 timeframe. Both the structure and trend indicate a strong downtrend. The market has started to break below the significant resistance level of 158.00. A lower high and...
The GBP/JPY currency pair is currently experiencing a state of indecision in the market, characterized by a series of mixed signals from various technical indicators. The primary focus is on the pivot point, which stands at 190.64. This level is...
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...
The technical analysis of the NZD/JPY currency pair reveals that the market is likely to experience a decline in value, with potential movement of 53 to 79 pips. The pivot point is set at 88.21, which acts as a critical level for determining the...
The GBP/NZD pair is currently testing the key level of 2.1707, with the potential for a bounce if the price drops towards this level. The preference is for the price to find support at 2.1707, which could lead to an upward movement in the range of...