Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price is going up, but I see the market coming out of this trend line, which is helping the price a lot. After breaking the trend line, the cost market failed to...
USD/JPY Weekly Analysis: Breakout Potential Ahead The USD/JPY currency pair is signaling potential for a breakout as it has been trading within a horizontal zone for an extended period. Previously, the pair ascended above the 160 mark, but it has...
USD/CAD Analysis Support Levels and Trend Overview The USD/CAD currency pair is currently nearing the critical support level of approximately 0.8964, which I believe will be tested soon. The price is above the 200-period moving average, indicating...
The NZD/USD H1 chart is displaying strong bullish momentum, with the price currently at 0.5726 following a significant upward push. The market has broken above key resistance levels, confirming strong buying interest. The overall trend is...
Piercing Line Chart Pattern The Piercing Line chart pattern is a bullish candlestick reversal pattern that typically appears after a downtrend. It signals a potential reversal to the upside. This pattern is made up of two candlesticks:...
