EUR/JPY PAIR REVIEW Price of currency: EUR/JPY There was a fairly deep GAP down at the opening of the EURJPY market yesterday, Monday. The GAP occurred until the break down of the support line of 159.66 and then the price was again depressed down...
Current Analysis of the USD/CAD Pair The USD/CAD currency pair is currently trading within a prolonged sideways range, oscillating between 1.4258 and 1.4512 on the daily time frame. This range reflects a state of indecision in the market, where...
Key Aspects CADJPY If we analyze the history of the CADJPY market, it becomes clear that sellers have become quite strong in recent times. Several factors have contributed to this shift, with the most significant being the negative news events...
The technical landscape for the NZD/USD pair is overwhelmingly supportive of a bullish trend, with the pivotal support at 0.5573 playing an essential role in anchoring the market’s upward trajectory. This level has consistently served as a barrier...
USDCAD Daily Time Chart Analysis The US dollar fell sharply against the Canadian dollar on Monday, hitting a 22-year low of 1.4792. The decline came after its peer currency pair managed to close above the previous high. Thus, its a signaling a...
