The AUD/USD pair encountered downward pressure around the 0.6400 level following the release of the SP Global PMI data for February in the US. Despite market participants perceiving the administration's tariff agenda as less damaging than initially...
EUR/JPY Weekly Analysis Current Market Overview The EUR/JPY currency pair is currently testing a critical triple bottom formation with a notable low at 155.56, which serves as a significant support level. If the price respects this zone, we can...
EURJPY Chart Analysisaily Period Introduction Analyzing the EURJPY chart on a daily (D1) period, it's essential to highlight the current wave structure, which indicates a bearish momentum in the market. The latest wave has updated previous lows,...
The EUR/USD H1 chart currently exhibits strong bullish momentum, following a prior period of volatility and a deep retracement. The price is moving near the upper Bollinger Band, indicating increased buying pressure and potential continuation of the...
USDJPY Weekly Technical Analysis USDJPY is currently trading around 149.31, showing a strong bearish trend on the daily and weekly timeframes. The 14-period RSI is at 30.67, indicating that the pair is approaching oversold conditions. The price is...
