Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
The EUR/JPY has recently staged a recovery, trading near 163.00 during the Asian session on Friday. Despite the Bank of Japan (BOJ) implementing a widely anticipated interest rate hike, lifting its short-term target from 0.15%-0.25% to 0.40%-0.50%,...
USD/CHF Technical Analysis: Looking at the USD/CHF pair, it seems to be in a consolidation phase, trading between 0.9200 and 0.9300. The 50-day moving average is sitting just above 0.9250, providing some support. The RSI is around 55, showing a...
NZD/USD Technical Analysis of the Day: I see a bullish positive trend in the NZD/USD currency pair. I notice the pair is trading above the Ichimoku Cloud at a market price of 0.57087. I observe that the Cloud border consists of two levels, Senkou...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 1.9728 resistance and 1.9586 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
