Ahmad_Milhem

Ahmad_Milhem

We are waiting for a very important daily closing on the EUR JPY currency pair... because the price reaches the highest level and at the resistance of the ascending channel.

Ahmad_Milhem

And on the EURJPY currency pair...any close of the price above this area on a 4-hour scale, the price will continue to rise from it directly without returning to the correction with the trend line...but it is expected that the price will return to falling from the current resistance area because it is very important and strong on the scale. . Weekly and monthly....

Ahmad_Milhem

In Britain, the Central Bank decided to fix the interest rate at its previous rate of 5.25, which is considered negative for the price of the pound sterling. Technical outlook for GBPUSD currency pair prices: We may see a decline in prices due to them reaching a strong support area if it is not broken.

Ahmad_Milhem Updated 

On the #USDCAD currency pair, it is expected that the price trend will be bearish in the short term, depending on the technical outlook of the market.

Ahmad_Milhem

Determine here the market direction on the USD CAD currency pair and the support and resistance areas on the 4-hour and hourly frames.

Ahmad_Milhem

In the GBPUSD currency pair, prices move sideways within a specific price channel. The presence of prices at the price channel support area makes it likely that they will return to the channel resistance area, in the short term.

Ahmad_Milhem

When the price reaches the top, we expect a re-correction towards the nearest support area