The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...
In recent market movements, the EUR/USD currency pair has been under close scrutiny, particularly due to its notable fluctuations and the breach of significant support levels. Last week, traders and analysts observed a consistent downward trend in...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...
The EURCHF pair has been experiencing a persistent downward trend in its price movement recently, with a notable attempt to breach the support level (S1) at 0.9633. Traders and analysts have closely monitored these developments, observing multiple...