EUR/USD Technical Analysis: When we analyze the 4-hour time frame for EUR/USD, we can observe that the market is currently in a strong downtrend. The market structure is clearly in a sell mode, with lower highs and lower lows forming, indicating a...
During my daily study of major currency markets, the USD/JPY pair caught my attention because we are close to breaking out. If we can break above a big support level just above, the market will go much higher. If we can break above the ¥158 level,...
GOLD Gold is expectedly holding within its range (I wrote about it at the end of last year) and is now approaching its upper limit at around $2,670. A breakout of this level will open the way to the targets in the 27th figure. But for now, a...
EUR/USD Trading Analysis Update Wednesday, January 08, 2025 The ADP Non-Farm Employment Change and Unemployment Claims data report in the New York session will be a catalyst for the direction of the EURUSD pair price movement. Previously, the data...
The US dollar continued its gains against the Japanese yen, supported by rising yields in the bond market. The 158 yen level, once a critical resistance point, now appears to be in the rearview mirror. As the pair strengthens, short-term dips shape...