The current market scenario indicates that the price is positioned above the daily pivot level of 0.9076. This is a significant point of reference for traders, as daily pivots are often used to gauge potential support and resistance levels...
EURUSD Technical Analysis EURUSD is currently in a strong downtrend, as evident from the price action staying well below the 150-period moving average. The moving average is sloping downward, confirming sustained bearish momentum. The market has...
USD/JPY Technical Analysis and Trading Strategy (March 12, 2025) Current Market Overview The USD/JPY pair is experiencing significant movement, influenced by both technical and fundamental factors. Currently, the pair is trading around 148.21,...
I have been closely monitoring the price action, and I notice that the bull has struggled to consolidate above the resistance zone of 0.6272-0.6363 for an extended period. I believe this resistance zone has been a critical level, and I see it as a...
ANALYSIS OF GBP/JPY PAIR . The GBP/JPY H1 chart presents a dynamic interplay between price action, moving averages, and volume, revealing key trading opportunities. The price has recently tested the 191.38 level, aligning with a previous...