Technical analysis of EURJPY Today we will perform a technical analysis on EUR/JPY. What is the quality of the support and resistance levels in the market? The market also broke through the support level, and now the support level is set as...
Bullish and Bearish Rectangle Chart Patterns Bullish and bearish rectangle patterns are continuation patterns in technical analysis that indicate a period of consolidation before the price continues in its original direction. These patterns occur...
EURJPY Chart Analysisaily Period Introduction Analyzing the EURJPY chart on a daily (D1) period, it's essential to highlight the current wave structure, which indicates a bearish momentum in the market. The latest wave has updated previous lows,...
The EUR/USD H1 chart currently exhibits strong bullish momentum, following a prior period of volatility and a deep retracement. The price is moving near the upper Bollinger Band, indicating increased buying pressure and potential continuation of the...
**USD/JPY Analysis – February 23, 2025** Analyzing the current chart, it appears that the USD/JPY pair is in a downward trend. The current price is at 149.264, which is below recent highs, indicating a decline. Price movements within the Bollinger...