The USD/CAD currency pair has recently exhibited intriguing behavior, making it an interesting focal point for traders and analysts alike. As of late, the pair has shown an upward trend; however, it failed to establish a new high. This phenomenon...
The EUR/JPY currency pair has been exhibiting notable signs that a continued downward trend might be imminent. In recent trading sessions, the pair has consistently closed below the crucial 171.05 level. This sustained weakness is further...
TRADING UPDATES USD/JPY The USDJPY currency pair shows a strong bullish trend based on the latest technical analysis. One technical indicator that supports this view is the position of the EMA 50 which is above the EMA 100. This condition is...
The economic landscape significantly impacts foreign exchange (forex) trading, influencing currency values through various macroeconomic factors. Among the most pivotal are interest rates, inflation, and economic growth indicators, which...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...