The bears on the USD/CHF currency pair have overcome the resistance in the form of the 50-day moving average this week and managed to break through the alligator's jawline. The overall potential for decline remains and will likely continue during...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; the market price is falling. Why did the market rise above the 0.8354 support after breaking all subsequent supports, and the market could move up to the 0.8354 main...
NZDJPY Price Action Overview Pressure on NZDJPY in the last two days has still been rejected above the nearest support at 83,111. However, its position is still close to below the dynamic resistance of SMA5 in the daily time frame. Therefore, if it...
The price movement on the USDJPY market pair traded on Friday last week was suppressed bearish by the seller but in the end was unable to bring the price to penetrate below the buyer support area at 147.11-147.12 which was successfully maintained by...
The (GBP/JPY) exchange rate experienced a notable downturn, reversing four consecutive days of gains and settling around the 191.60 mark in early Thursday trading. This shift was primarily driven by a strengthening Japanese yen (JPY), fueled by...
