USD/JPY Technical Analysis When we analyze the market price of USD/JPY in the one-hour time frame, the current trend and structure are bearish. The price faces sustained downward pressure, reflecting a strong selling trend. Currently, the market...
The USD/CAD pair prolongs its uptrend for the fourth successive day on Friday and has now reverses a major part of its weekly losses amid sustained US Dollar (USD) buying. In fact, the USD Index (DXY), which tracks the Greenback against a basket of...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The NZD/USD market price fell at dawn and helped the trend line price drop. The price of the battle is well aligned with the trend line, and after reaching this timeline,...
The USD JPY currency pair experienced an upward movement after sellers failed to push the price below the 200-day simple moving average (SMA) in the previous bearish phase. The price found support near the 200-day SMA, and the strengthening of the...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis, the market price is rising and has now started to break the resistance level at 0.8448 as the market has previously formed a safe haven. The market is currently holding this...