EUR/JPY Analysis 06 August 2024 Daily Timeframe The EURJPY pair price drop rally for four weeks from high prices of 175.37 to low prices of 154.36 seems to have exceeded 2000 pips. Although the current price movement is below the 200 SMA, the...
USD/CAD ANALYSIS AUGUST 06, 2024 Based on observations from the 4-hour chart, the price movement for the USDCAD pair is trying to continue the bullish trend which in last night's trading session managed to reach the highest price level this week at...
On Wednesday, the Pound Sterling experienced a slight decline against the US Dollar, trading at 1.2704, marking a decrease of 0.14%. This movement follows the recently held UK general elections, where the Labour Party is expected to have secured a...
Yo, my friend! Let's talk about something super important in the world of Forex trading - the Pivot Point! Now, this little gem is a crucial technical analysis tool that can give you some serious insights into the market's psychology and potential...
The Japanese yen has gained strength against the US dollar as the Bank of Japan (BoJ) moves towards a more hawkish monetary policy stance. The central bank's decision to raise its short-term interest rate target and reduce government bond purchases...