Technical analysis of the GBPJPY pair 4-hour chart Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly...
EUR-JPY PAIR ANALYSIS On the H1 timeframe, the EURJPY currency pair shows a fairly strong bullish trend. The EMA 50 indicator is above the EMA 100, confirming that bullish momentum is still dominating. However, the price is currently stuck at an...
Certainly! The EUR/JPY currency pair is currently trading around 174.19, and the prevailing trend appears bearish. This suggests a gradual decline in prices. However, market dynamics are always subject to change, influenced by various economic,...
The Australian dollar did not suffer much on Thursday. In the European session, AUD/USD is trading at 0.6649, down 0.15% on the day. Australian purchases are expected to pick up, but Australian consumers have cut back on their spending amid fears of...
The Australian dollar has shown some strength for the week, with the 0.6650 level closely watched. However, the weekly pattern shows that the currency is still in the critical square pattern. If the Australian manages to cross the 0.6725 mark, it...