Today's Analysis: EUR/JPY Outlook In my analysis of the EUR/JPY currency pair, I've observed several key technical indicators and price movements that suggest a potential downward trend, despite some signals that might indicate short-term growth....
USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
The Bank of Canada (BoC) is widely expected to implement a 50-basis-point rate cut, bringing its benchmark interest rate down to 3.25%. This dovish policy stance continues to weigh on the Canadian Dollar (CAD), with limited technical indications of...
