Currency pair GBPJPY - let’s look at the D1 period chart today. The wave structure here is descending. After the last wave of decline updated the minimum of the previous one at the beginning February, the third wave went down. The MACD indicator is...
USD/JPY Technical Analysis: The USD/JPY pair seems to be stuck in a consolidation phase for now. As of today, it’s hovering around 132.50, with immediate support around 131.80 and resistance at 133.00. If the price breaks above 133.00, I’ll be...
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USD/CHF Technical Analysis: The USD/CHF pair is still showing a bullish trend after bouncing off the 0.9100 support level, which has held firm over the past few sessions. Right now, the price is sitting near the 0.9250 resistance zone. If it breaks...
EUR/USD As of March 5, 2025, the EUR/USD currency pair is experiencing notable fluctuations influenced by both technical patterns and fundamental developments. Technical Analysis: The EUR/USD has recently shown a bullish trend, trading above the...