JPYUSD is a prominent forex trading pair that represents the relationship between the Japanese Yen (JPY) and the United States Dollar (USD). When traders engage with the JPYUSD pair, they are essentially buying or selling Japanese Yen in exchange...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis. GBP/JPY is trading between minor resistance at 192.61 and support at 189.99. The market price highly respects this resistance and support level, after which the price...
General Points about NZDUSD At the moment, the NZDUSD market closed at the 0.5960 level. The area acts as a resistance point, and from here, the market could potentially move upward, especially since NZD shows considerable strength. Over recent...
Currently, we are observing a strengthening of the US dollar against other currencies, coupled with a decline in riskier assets. This trend can be attributed to several factors, including broader market sentiment shifts and specific geopolitical...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The market price rises with the help of the trend line, but the market price breaks out of the channel and helps its price increase. After breaking out of the range, the...
