EUR/JPY Technical View For the EUR/JPY pair, I will focus on resistance and support levels, volume, and basic indicators. I see that the currency pair has risen well, reached its target, and then reversed. Now I will analyze what may happen in the...
Analysis of yesterday's forex trades Analysis of trades and trading tips for the British pound In the afternoon, the test at 1.2341 coincided with the MACD indicator, which started its downward movement from the zero line. This confirmed a strong...
Forecast of EURJPY Since Friday of last week, the price of the EURJPY has been rising on the daily time frame chart as it has tested the firm support level. However, the EURJPY changed the trend direction from bearish to bullish on Monday of this...
Crude Oil Technical Analysis Crude oil is currently in a downtrend supported by a firm selling structure. This structure is playing a significant role in pushing the price down. The market trades well below its 200-day simple moving average (SMA),...
GBP/USD In terms of margin zones, both the pound and the euro are in a long trend. That is, the main direction of movement is to buy. What is down is considered a correction. GBPUSD The option with a correction to the lower level of the profitable...