Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is rising, and the price has formed an ascending channel. The price of the market is quite respectful of this channel, so the price goes up. Market prices...
Gold Daily Forecast Gold (XAU/USD) is in a broad uptrend, forming a series of highs and lows. The price recently rose to the 2940 level and then faced strong selling pressure. The current downtrend suggests that the market is in a correction after...
General Points about USDJPY The Tokyo Consumer Price Index has not significantly aided the sellers, which has enabled the USD/JPY market to hold its strength. The currency pair currently stands at the 150. 60 mark, indicating that buyers are in...
On Friday, the EURUSD market pair continued to show a strong downward trend as buyers were unable to push the price upward due to significant resistance from sellers who reinforced the resistance level at 1. 04191. 0418. This led to a persistent...
I believe the price has touched a significant mirror level on both the daily and weekly charts, indicating a critical point of interest. I observed that the price failed to break through this level, which suggests a potential rebound with an upward...