During the early European session today, the currency pair gained strength, approaching the 164.80 level, influenced by a weakening trend fueled by expectations that the Bank of Japan will sustain its current interest rate policy. Simultaneously,...
Technical analysis of Crude oil Today I choose crude oil for technical analysis. All market prices are currently in an uptrend, which is helping the price to move higher within the channel. Crude oil prices are currently hovering above support and...
USD/CAD experienced a decline on Monday, breaking a three-day rally, as the US dollar weakened in thin trading ahead of the New Year holiday. The market is currently digesting the Federal Reserve's hawkish stance, which could provide support to the...
The EUR/USD price is currently trading near the 1.0444 level, showing signs of recovery after a downward movement. Over the observed period, the pair experienced a decline, followed by a steady rebound, indicating potential bullish momentum. The red...
Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bearish and is...
