Alessiocalabretta

Alessiocalabretta

The technical analysis of the DAX suggests a bearish pressure that, if confirmed, could push the market toward the target of 19,828 points. Here are some aspects to consider: Support and Resistance Levels: The target of 19,828 might represent an important psychological or technical support level. If the price falls below intermediate support levels, the bearish...

Alessiocalabretta

USD/JPY: Possible Continuation of Short Position Towards the 141.38 Area, a Very Important Support Zone. Why do I think this? Uncertain Geopolitical Situation, JPY as a Safe-Haven Currency. Technically, the current price has retested the 150 zone (a significant resistance area) without breaking through it. Looking at higher timeframes, the momentum appears to be bearish.