USD/JPY has shown strong price action around the 151.80 pivot level, reinforcing the possibility of an upward movement of 69 to 134 pips, with targets at 152.85 and 153.50. The presence of a firm support base at 151.80 indicates that buyers are...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
Reading the EUR/USD Prices Let's discuss how the EUR/USD currency pair's price has been behaving and what analysis can be drawn from it. The EUR/USD currency pair is currently trading within a symmetrical triangle pattern on the 4-hour chart,...
GBP/USD has remained in a well-defined downtrend, with 1.2425 acting as a significant resistance level that has repeatedly halted bullish attempts. As long as the price remains below this critical level, the risk of further downside pressure remains...
USD/CHF gains ground to near 0.9110 in Monday’s early European session. The USD/CHF pair gathers strength to around 0.9110 during the early European session on Monday. The US Federal Reserve (Fed) is expected to keep interest rates hold this year...
