### Current State of EUR/USD As of now, the EUR/USD currency pair is trading around 1.0747 and has been in a bearish trend. This indicates that the euro is weakening relative to the US dollar. The market movement has been slow, suggesting a period...
USD/JPY technical analysis When we update the daily chart of the pair with the start of a new trading month, we find that the price is trading within the price triangle identified in white, which corresponds to the rising red channel, which...
This pattern signifies periods of consolidation, where the price moves within a defined range, reflecting a balance between buyers and sellers. Channels can be ascending, descending, or horizontal, depending on the direction of the overall trend....
The USD/CHF currency pair, which reflects the value of the US dollar (USD) against the Swiss franc (CHF), is currently trading around the 0.8846 level. The recent trend for this pair has been bearish, indicating a gradual decline in the value of the...
USD/JPY H-1 We stayed in place all day today, trading at the 157.03 level. Meanwhile, the support level is suppressing the price and is already at 157.82, and then either the bulls will go on the offensive and we will still see progress towards...