While technical analysis is crucial for understanding the price movement of USD/JPY, economic fundamentals also play a significant role in driving the direction of the currency pair. The pair is heavily influenced by interest rate differentials...
USDJPY The USD/JPY pair is currently trading around 157.96, reflecting a resilient U.S. dollar amid contrasting policies from the U.S. Federal Reserve and the Bank of Japan (BoJ). Let’s break down the technical, fundamental, and sentiment factors...
EUR / USD: An Hourly Time Frame Recommendation The EURUSD reached the 1.0300 level yesterday, signaling a potential turning point for bullish participants aiming to recover previous losses. The key level indicates that the bulls have...
WTI Crude Oil: Testing Key Resistance Levels West Texas Intermediate (WTI) oil is facing resistance near the $78.50 level, an important price zone that has historically acted as both support and resistance. This struggle is not entirely unexpected...
EUR/USD Technical Analysis: Current Trends and Outlook Current Trading Status The EUR/USD currency pair is currently trading around 1.0300, maintaining a rebound after hitting a low of 1.0175 on Monday. This low represents the lowest level seen in...
