The daily chart of the GBP/JPY pair presents an interesting technical picture that reflects the transition from a long-term decline to a potential decline. First, the pair is trading within a downtrend channel characterized by a series of lower and...
Technical analysis of GBPNZD Choose GBP/NZD for technical analysis today. The GBP/NZD market price is in an uptrend and the current trend line supporting the price increase has been broken. The battle started from the downtrend when the market price...
Technical analysis of USDJPY Today I chose USD/JPY for technical analysis. The market is currently in a downtrend, and the price is falling, helping it pull down the downtrend line. USD/JPY market price broke the support level at 148.91 and the...
Currency pair EURUSD - chart of the period D1. While the price remains at the top of the considered daily chart, the wave structure is building upward order. The MACD indicator is growing in the upper zone and above its signal line. From the very...
US. The dollar is strengthened against Japanese yen but faces the key resistance The US dollar has shown significant profits against the Japanese Yen, but has not been able to break over the critical level of 150 yen. The Bank of Japan (BOJ) has...
