The USD/JPY pair is currently exhibiting a bearish sentiment, suggesting that downward momentum is likely to persist in the short term. The currency pair has been fluctuating within a tight range, facing pressure from both fundamental and technical...
Trading Analysis Update, Sunday October 6, 2024 H4 Hour The price journey of the EurUsd pair until last Friday night was in the performance of a price movement that was continuing the bearish trend. Then on Saturday night there was an attempt to...
USD/JPY Technical Analysis Hello everyone. USDJPY seems to be trying to repeat yesterday's movement. The USDJPY pair tends to rise by 95 pips in Wednesday's trading. The market reaction is still very positive, growing and continuing to rise. In this...
USD/CHF The week was great for USD/CHF buyers because the upward correction ended where it should have, that is, at the target level of 61.8% Fibonacci retracement. The price rose very quickly after buyers broke through the four-hour 200th moving...
The recent price movements in the currency pair under discussion indicate a strong likelihood of further declines, particularly as traders analyze key technical levels. The initial target for any downward momentum appears to be the May 3 high at...