The USD/JPY pair has been experiencing an upward trend since reversing its December 2023 lows on September 16. This positive momentum aligns with the technical analysis principle that "the trend is your friend." However, a recent breakout from an...
GBP/USD Analysis of the request request brace history, Friday, was again dominated by merchandisers who were suitable to hold back the bullish buyer's pace by holding it back below the resistance area at a price of 1.3153- 1.3150 which was...
On Monday, the Euro saw a slight rebound in North American trading after experiencing significant losses during the Asian session. The 1.11 level is providing solid support on short-term charts, serving as a crucial psychological zone for the...
Morning Market Insights: Navigating Gold and USD Index Volatility Good Evening, everyone, and welcome to today’s live trading analysis. The USD index closed in a bearish trend yesterday, retreating from the 101.0 level to 100.30. It is now hovering...
The EUR/USD pair struggled to maintain its bearish momentum and initiated a correction against the US Dollar, following a low of 1.1103 in the European trading session today. On the 1-hour timeframe, a bullish trend reversal has emerged, supported...