The ongoing geopolitical tensions in the Middle East are creating uncertainty in global markets, with the Israeli military continuing airstrikes in northern Gaza, particularly in the Shejaia suburb of Gaza City, where at least eight Palestinians...
The movement of the USDJPY currency pair over the past week has been characterized by significant fluctuations, showcasing a dynamic range of price action. At the start of the trading week on Monday, USDJPY initially experienced a decline, with the...
EURJPY Analysis The EUR/JPY currency pair fell slightly today. This comes as traders are studying the latest weak manufacturing data in Japan, as well as the release of long-awaited consumer price index data from the Eurozone. Market sentiment was...
I observe that EUR/JPY’s persistent weakness is striking, as the pair slides methodically toward 161.61, edging closer to the critical 200-day moving average at 160.71. This convergence of a major technical indicator and a historical support level...
USD-CAD PAIR REVIEW Support 3: 1.4090 Support 2: 1.4212 Support 1: 1.4255 Pivot Point: 1.4334 Resistance 1: 1.4376 Resistance 2: 1.4456 Resistance 3: 1.4578 The movement of the usd cad currency pair is below the daily pivot point at a price of...
