The USDJPY currency pair closed at 152.30 today, and with the market being closed on Saturday, we can analyze the current trends and potential movements for the upcoming week. Recently, there has been a noticeable downtrend in the value of the...
EUR/USD remains one of the most liquid and actively traded currency pairs in the global forex market. It is driven by factors such as the economic health of the Eurozone and the United States, interest rate decisions by the European Central Bank...
Support and Resistance In forex trading, support and resistance are key concepts used to identify potential price reversal points. These levels help traders make informed decisions about when to enter or exit trades. Here's a breakdown of each:...
Technical analysis of USDJPY The USD/JPY pair has been selected for technical analysis today. The broader market fell for several days in a row and continued to fall after breaking through all support levels. But now the market price has broken away...
GBP/JPY Weekly Analysis: Technical and Fundamental Overview Current Market Situation The GBP/JPY currency pair has shown support around the 187.40 level during Tuesday's Asian session, but the price action remains weak. Currently, the spot price is...
