EURJPY, H4 | Bullish Momentum

Type: Bullish BounceKey Levels:Resistance: 131.493Pivot: 130.532Support: 130.078Preferred Case:Prices are on bullish momentum and consolidating in a bullish channel. We see the potential for a bounce from our Pivot at 130.532 in line with 61.8% Fibonacci retracement towards our 1st resistance at 131.493 in line with 78.6% Fibonacci extension. Prices are trading above our Ichimoku Clouds, further supporting our bullish bias.Alternative Scenario:Alternatively, prices may dip towards our 1st support at 130.078 in line with 100% Fibonacci extension.

Source: Tickmill

EUR is rising smoothly. Overview for 26.04.2024

The primary currency pair demonstrates a modest increase on Friday. The current EURUSD exchange rate stands at 1.0722. The market is uncertain whether the US

Ichimoku Cloud Analysis 26.04.2024 (EURUSD, XAUUSD, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the upper boundary of the descending channel. The pair is going inside the Ichimoku Cloud, which suggests

Technical Analysis & Forecast 26.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave towards 1.0733 and a decline link to 1.0678. Practically, the boundaries of

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