USD/JPY Technical Analysis: Today, USD/JPY is hovering around 142.50, showing signs of consolidation. I’ve noticed the 50-day Moving Average (MA) near 143.00 acting as resistance, while the 200-day MA at 140.80 seems to be providing solid support....
USD/JPY Technical Analysis: Transition from Bearish to Bullish Trend Current Market Overview The hourly chart for USD/JPY indicates a transition from a bearish to a bullish trend, which began in early December following a recovery from the lows...
The US Dollar's sudden strength did not significantly impact the USDCAD currency pair's movement. Unlike other major and commodity currencies, the Canadian Dollar was able to withstand the Greenback's appreciation, likely due to the soaring global...
AUD/USD Analysis for 2025 As we enter 2025, the AUD/USD currency pair is facing significant fluctuations. This volatility is primarily due to the emotional competition between the Australian Dollar (AUD) and the US Dollar (USD). Let’s delve into a...
GBP/USD Market Analysis Greetings and Good Morning to everyone! The market sentiment of GBP/USD is still in favor of sellers. They can cross the 1.2467 zone later. Moreover, the market looks under a sideway condition and this sideways condition...
