The NZD/USD currency pair is showing increasing signs of bearish momentum, with technical indicators aligning to suggest a probable decline of 20–30 pips in the near term. The pivot point at 0.5661 acts as a key inflection zone, where a temporary...
USDCAD Technical Analysis 13 February 2025 Forex Analysis - Technically, I see that the USDCAD pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame USDCAD...
EUR/JPY Live Analysis Overview Economies.com provides comprehensive technical analysis for the EUR/JPY currency pair (Euro/Japanese Yen). This analysis includes daily forecasts and live updates, ensuring you stay informed about any significant...
The USD/CHF pair experienced a notable decline of approximately 0.50%, trading around 0.9080 during European hours on Thursday. This depreciation can largely be attributed to a weakening US Dollar (USD), as reflected in the US Dollar Index (DXY),...
General Points about USDJPY: USD/JPY buyers are in a favorable position as the price has already broken the 154.35 level. The upward movement shows strong buying pressure, indicating that market sentiment remains bullish. It has also surpassed my...