USD/JPY pair, trading below a descending trend line, bounced off it and hit the support zone of 157.40-156.88, as the second lower target in short-term trading. After bouncing from it and breaking above the resistance level of 157.87, previously...
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### Analysis of the EUR/USD Currency Pair: Anticipating Major Movements The EUR/USD currency pair, a cornerstone of the global forex market, is currently trading at approximately 1.0906. The market exhibits a sideway trend, indicative of a period of...
EUR/USD H-4 TIME FRAME CHART. The Euro's price has been on an upward trajectory, with buyers firmly in control. Yesterday's trading session saw the currency gain approximately 40 points, suggesting that they are aiming for the 1.09149 level. If they...
The substantial decline in the EURUSD currency pair after breaking through crucial support levels indicates the current bearish sentiment in the market. The crossing of the 100-SMA and 20% retracement midline signals a shift in control to the bears,...