USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
The EUR/USD pair is currently trading at 1.08326, and I observe that it is moving in a northerly direction. I can see on the daily chart that the MA36 indicator is pointing north, which suggests a potential continuation of the bullish trend....
US Market News Digest for March 7 US stock market correction: time to review strategies Major US stock indices, including the SP 500 and NASDAQ, showed a decline, reaching their one-week lows. The primary pressure factors are market uncertainty...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. The GBP/JPY margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...