The EUR/JPY currency pair is in a bearish trend both technically and fundamentally. Technically, the price has been below moving averages and within a downward channel, recently breaking through a support level. Fundamentally, the pair has shown strong negative trades, breaking below the 155.40 level and reaching towards 153.85, with indicators suggesting...
In the week of December 12, 2023, the EUR/USD pair is subject to several influences: - The EUR/USD is under pressure, potentially facing further losses, especially if the European Central Bank (ECB) takes a different stance than the US Federal Reserve. It is currently stabilizing around 1.0780 but has previously dipped to the support level at 1.0723, suggesting...
The provided chart exhibits several technical indicators that can be used to assess potential trade setups for EUR/USD: 1. Trend Lines: The price has broken below a rising trendline, indicating a potential trend reversal to the downside. 2. Fibonacci Retracement: The price is situated below the 61.8% Fibonacci retracement level. Traditionally, a failure to stay...
We now have a bear market. US30 will drop. Take your position in the market.
What happened to the US30 this Friday? I'm waiting for a good opportunity in there.
The price action is between 0.99283 and 0.99604. so above 0.99604 there is a buy, and below 0.99283 there is a sell