EUR/JPY As of today, EUR/JPY is hovering around 161.80, moving within a tight range. The key resistance stands at 163.25, while immediate support is at 161.60. The overall trend has been bullish, but I’m seeing signs of a possible bearish reversal....
Technical analysis of EURJPY Today I chose EUR/JPY for technical analysis; the market is currently falling, helping the price of the cold line fall. Prices are declining due to this reduced train line. After finding support at 161.40, the market...
On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
Gold Market Update and Analysis Gold’s price movements are becoming increasingly compressed, with the daily chart showing a lack of success in breaking through repeated highs. It indicates that bearish sentiment is temporarily dominating the...
USD/JPY Daily Time Chart Analysis The USD/JPY pair posted a small decline today, moving away from the key 158 level. The dollar performed poorly in the first full trading session of the new year, but yen bulls were looking to recoup some of the...