Technical Analysis of the USD/JPY Pair 1. Chart Description: The attached chart illustrates the price movement of the USD/JPY pair on a daily chart. The monthly pivot point indicator is used to identify support and resistance levels, which are...
Technical and Fundamental Analysis of the USD/CAD Pair The USD/CAD currency pair traded slightly higher near the 1.3590 region during Friday’s session after recovering modestly from earlier lows around 1.3560. Despite the intraday rebound, the pair...
USD/ JPY on the M30 timeframe is presently trading near 157.00 and is showing a relatively bullish tone, supported by steady upward price action over recent sessions. The trade has been maintaining a pattern of advanced highs and advanced lows,...
EURUSD Market Analysis: This discussion focused on an analysis of the price movements of the EUR/USD pair, which remains shrouded in uncertainty. Last week, there was an attempt to break through the moving average and Bollinger Bands around 1.17217,...
EURUSD Intraday Forecast: I have analyzed the current price movement of the EUR/USD pair. Based on my analysis, I expect the EUR/USD exchange rate to fall further, as there is no compelling reason for a growth recovery. The European Central Bank's...
