The GBP/JPY currency pair is currently navigating a period of downward pressure, trading around the 191.20 level during the early European trading hours on Wednesday. This bearish trend is largely attributed to the weakening Japanese yen (JPY),...
Hello, my reader! Now we will have a short review of the EURUSD pair on the M5 timeframe. In my trading I use the theory of overbought and oversold market, once a very well-known topic. The RSI indicator with a period of fourteen helps me with this....
EURUSD is currently priced at 1. 0905 and is nearing a crucial resistance point at 1. 0948. The Zigzag indicator, which helps in filtering out small price changes to highlight important trends, indicates that this currency pair has been slowly...
The EUR/JPY currency pair experienced a sustained upward trajectory, marking its second consecutive day of gains and trading around the 161.60 level during Wednesday's Asian trading hours. This bullish momentum was primarily fueled by a weakening...
USD/JPY Technical Analysis Today, we are analyzing the USD/JPY chart, which is currently trading at 148.04. At this moment, several indicators suggest that the USD/JPY pair is showing signs of weakness moving forward. Chart Overview When we examine...
