USDJPY Daily Time Chart Analysis After touching a two-and-a-half-month low of 148.85 today, the USD/JPY pair is aiming to recover losses from the previous session. Despite the current increase, the overall trend is weak as the pair has been in a...
The USDCAD pair is currently trading at 1.4212, and I believe the recent price action is influenced by a combination of economic data and technical factors. On Friday, Canada released its December retail sales data, which showed a significant...
WTI crude oil futures on the NYMEX have rebounded to approximately $70.44 in Monday’s European session after touching a seven-week low near $70.00 on Friday. The market remains highly uncertain as geopolitical developments, economic indicators, and...
Technical Analysis: EUR/USD falls back from 1.0530 EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US...
D1 period chart - EURJPY currency pair. As you can see, the price is pressed down along the general downward trend. Here, the wave structure is still descending. After the last wave of decline updated the minimum of the previous one, the third wave...
