The EUR/USD price action is currently in a strong upward trend, showing aggressive movement. Based on today’s price action, it appears that the pair could reach the daily resistance level at 1.1199 and potentially move beyond that. So far, the price...
The EUR/USD pair experienced a decline on Wednesday, falling below the 1.1200 level and returning to a familiar range above 1.1100. The pair's value decreased by approximately 0.5% after briefly reaching a 14-month high earlier this week. Several...
Technical Analysis of USD/JPY The Japanese yen continued to strengthen last trading week, reaching the local range again. Having reached the 143.53 barrier, the price recovered and continued to decline, reaching 140.80 at some point, from where it...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good Morning Visitors. Let’s focus on the USD/CAD price action. USD/CAD is trading at 1.3471 at the time of writing. The US dollar index is in negative territory, which indicates that the US currency...
The momentum currently indicates a downside bias. Recently, the price rejected a liquidity zone near 0.62500, which aligns with a Fair Value Gap (FVG) and a liquidity cluster. This rejection signals strong selling pressure at higher levels,...