Hello most respected traders, the USD Index closed with a bullish trend, rising from 104.81 to 104.93. It is currently testing the 105.18 level. Yesterday, it attempted but failed to break the 105.30 resistance level. This indicates that while the...
EUR/JPY D1 ANALYSIS. EUR/JPY pair stays bullish, with the more extensive upswing still unblemished, supported by vigorous help levels. The next critical support level is 161.00, and the support zone around 169.00-170.00 is expected to hold firm...
The US dollar, which had previously experienced some weakening, recovered losses against its counterparts after the FOMC announcement. The decision to hold rates steady signaled confidence in the US economy's resilience amid global uncertainties....
EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...