USD/JPY Technical Analysis: The USD/JPY pair is trading around 148.50 today, holding steady above its 50-day moving average, which supports a bullish outlook. I’ve noticed resistance building at 148.80, and if the price breaks this level, we might...
BTC has shown a mix of volatility and resilience over the past week. After initially breaking above an ascending trendline on Friday, the cryptocurrency faced declines over the next three days. Testing support at $86,700, Bitcoin rebounded strongly...
Technical Analysis of Pound Sterling/US Dollar The pound has been moving sharply in different directions over the past week, trying to extend its losses. The price is squeezed between 1.2857 and 1.2994, which does not allow the pair to form a clear...
Technical Analysis of Crude Oil Oil prices are trying to continue the uptrend that started last trading week, but they are facing insurmountable obstacles. Having met strong resistance at 75.99, the price rebounded but then resumed its growth in an...
The European Central Bank's decision to reduce interest rates by 25 basis points on Friday has further weakened the Euro, pushing the pair near the 1.0550 level. This downward trend, which began after the pair peaked above 1.1200 in late September,...
