The currency pair (EUR/JPY) has shown a relatively stable trading pattern, hovering around the 161.00 level for the fourth consecutive day during the Asian trading session on Thursday. The Japanese yen (JPY) weakened on growing concerns that...
The NZD/USD currency pair is currently under significant bearish pressure, reflecting broader macroeconomic trends and technical factors that indicate a continued downward movement. The 0.5679 level acts as a pivotal resistance point; as long as...
I observed the EURJPY pair bouncing off the resistance at 160.417 on the 30-minute chart, signaling a potential reversal. I noted the subsequent breakdown below the support at 159.336, accompanied by significant sell-side volume, which led me to...
Hello. Yesterday, there was active flying in both directions across the entire market. Everyone was waiting for data on inflation in the US, which according to forecasts should have continued to decline, but in the end, the actual data showed a...
EUR/USD Price Insights Current Market Overview On the 4-hour time frame chart for EUR/USD, we are observing a bullish trend. Recent price movements have tested upper resistance levels, with the price currently stabilizing around 1.04137. The bullish...