Technical Analysis: Neutral Signals Dominate EUR/JPY EUR/JPY has recently rebounded from a six-week low of 161.50 to 163.07, but its technical indicators suggest indecision. The **Relative Strength Index (RSI)** stands at 46.85, pointing to a...
General Points of GBPJPY: The GBPJPY market is showing clear signs of sellers’ momentum taking control. Recent events have significantly contributed to this shift, creating a bearish sentiment. Today’s UK Monetary Policy announcement has weakened...
Good afternoon. Although buyers managed to start forming an upward movement yesterday, they have not been able to develop their positions yet, and they were unable to break through anything important yesterday either. To develop a more confident...
Gold Fundemantal As tensions between Russia and Ukraine escalated and the dollar retreated from recent highs, gold prices rose for a second straight day on Tuesday, November 19, hitting a one-week high. Investors await comments from the Federal...
Trading Wisdomrice EUR/JPY The EURJPY currency pair has been under pressure in recent days, driven by a combination of fundamental and technical factors. The main underlying factor is the weakening of the euro due to weak economic data from the...