The USD/JPY currency pair rebounded strongly on Wednesday, extending its gains from the previous day's low of 148.65, its lowest point since October 11th. This surge pushed the pair to new intraday highs, settling around 150.55 during the European...
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Technical analysis of the EURJPY pair The price started trading this month by breaking the lowest trading price during the previous two months and then rebounding back up. The price movement during October was bullish and then during November the...
The EUR/JPY H4 chart indicates the market price is in a downtrend, guided by a descending trendline. The price recently broke below the support area, driving it lower. However, it has now reclaimed the 157.90 resistance level, which could be a new...
GBP/ USD Price Action Recap We are currently discussing the analysis of the price movement of the GBP/ USD currency pair. So far, the GBP/ USD price does not want to go up to the north or down to the south, and at the current moment, the price of...
