A few USD/JPY reports a strong recovery and climbs almost 150 points from the level of 149.30-149.25, the lowest since 3 December. The jump comes when Japanese only weakens after the comments of Japan Bank of Japan (fight) Kazuo Ueda, who, which,...
USDCAD Daily Time Chart Analysis (updated) The USD/CAD pair reached a two-month low, finding support at 1.4150. The pair is under pressure after a breakout of the ascending channel and a bearish crossover between the 20-day and 50-day simple moving...
Technical Analysis of XAUUSD (Gold) XAUUSD is currently trading at 2925, showing strong bullish momentum. reflecting a consolidation phase within a defined range. The immediate support level is identified at 2921, while resistance is positioned at...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 1.9920 resistance and 1.9757 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
