USD/JPY Fundamental Analysis: The U.S. dollar has been supported lately, especially after last week’s strong Non-Farm Payrolls (NFP) data, which exceeded expectations and highlighted a resilient U.S. labor market. This has led me to believe that...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis; the market price is between 1.2610 resistance and 1.2512 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
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The rejection candle formed at the current support area further reinforces the possibility of the price moving upward and targeting the resistance area. However, should the price fail to break above the resistance at 1.08546 and the 100-day SMA, the...
Technical analysis of AUDUSD Today we will perform technical analysis on AUD/USD. The market also surpassed the support level and now the support level is set as resistance, it will be the next support level for the market. Market interest is...
