GBP/USD Technical Analysis: GBP/USD has been holding steady around 1.28, with key resistance at 1.2850 and strong support at 1.2700. If it manages to break above 1.2850, I expect a move toward 1.2900 next week. On the flip side, if it drops below...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
GBPJPY Daily Forecast 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...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY market price is currently falling. The dawn trendline is helping push the price lower. So this time the market price is falling with the help of the trend line....
