The EUR/JPY pair is currently trading within a tight range of 156.05-157.23, and I observe that it has recently rebounded from the lower boundary of this range. I believe that the pair is now moving towards the upper boundary, and if it manages to...
Hello. Surprisingly, buyers were unable to maintain their initial surge yesterday, and by the end of the session they had lost all their positions, allowing the price to fall even below the opening level of the day. This morning there has been a...
Despite the optimistic technical outlook, it is crucial for traders to remain mindful of external macroeconomic and fundamental factors that could introduce unexpected volatility. The forex market is highly sensitive to economic data releases,...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2652, indicating ongoing bearish momentum. The 150-period moving average is sloping downward, confirming the sustained selling pressure. RSI is positioned at 58.91, suggesting mild...
Analysis chart EUR /USD EUR/USD. Good. Well, basically, on the daily time the price is now in the seller with effort This will be a signal that the mass of those wishin to buy is large. As soon as the price value of the European currency...