USD/JPY Technical Analysis Today, USD/JPY is hovering around 148.20, and I’m noticing some moderate bearish pressure in the session. It’s currently testing a crucial support level at 148.00, which also lines up with the 50-day EMA. If it breaks...
EUR/USD Technical Analysis: This week, the EUR/USD seems to be consolidating after last week’s fluctuations. On the daily chart, I’ve noticed the pair trading below the 200-day moving average, around 1.0850, which keeps the bearish sentiment...
Analysis of Support and Resistance Levels in the EUR/USD Pair Understanding support and resistance levels is crucial for making informed decisions in the trading world. For the EUR/USD currency pair, the first significant resistance level is located...
On Monday, January 23, the British pound strengthened against the US dollar, starting with a recovery from its intraday low of 1.2605 to approximately 1.2705. By the end of the day, the GBP/USD pair closed at 1.2690 after recording a high of 1.2870....
General Points of USDCHF: The USDCHF market is currently trading at the 0.8830 level, with sellers starting to show stronger momentum. This indicates a possible downward trend, which could present a good opportunity for capitalizing on this...
