The EUR/JPY exchange rate has been on an upward trajectory, with a strong bullish candlestick formation observed yesterday. This candlestick not only settled above the previous daily high of 170.322 but also surpassed a key resistance level. Given...
NZD/USD analysis: The NZD/USD currency pair is currently experiencing a bullish trend, with a key resistance level set between 0.6153 and 0.6200. Market analysts are eyeing the next price target for buyers at an untested resistance level of 0.6182....
The Euro is attempting a comeback after a worrying dip to 1.0670 last Friday. This week starts on a more optimistic note with investors favoring riskier assets, leading to a weaker US dollar and a stronger Euro. This positive sentiment precedes a...
EUR/JPY/H1 The recent price action on the EUR/JPY pair indicates a strong bearish trend. It is likely that the price will decline by another 140 points, reaching the support level on the daily H1 timeframe chart at 168.720. Once this level is hit,...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...