The AUD/JPY currency pair continues to exhibit strong downside pressure, with market sentiment favoring a decline between 52 and 76 pips as the pair struggles to break above the 95.51 resistance level. As long as price remains below this...
I agree with your assessment, and I believe the ascending wedge is indeed forming, which typically suggests that the higher the price goes, the smaller the pullbacks become. I think this pattern indicates that waiting for deeper retracements might...
The EUR/CHF currency pair is experiencing sustained bearish pressure, with the critical pivot point set at 0.9408 serving as a formidable resistance level that continues to cap any meaningful upward movement. As long as the price remains below this...
XRP/USD Technical Analysis and Forecast The XRP/USD market is currently trading at 2.5846. The key support level on the H1 chart is 2.5050, while the resistance level is 2.7000. The XRP/USD market action is mixed as it fluctuates between key...
The EUR/JPY pair has been exhibiting bearish characteristics, with its inability to break above the resistance at 156.78 reinforcing the downside bias. With the pivot point acting as a crucial level, the downside is expected to prevail as long as...
