Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis. The market price has moved up from the bottom and its price has formed an upward movement and is very sensitive to this bullish line. The market price broke the resistance...
Currently, we are observing a strengthening of the US dollar against other currencies, coupled with a decline in riskier assets. This trend can be attributed to several factors, including broader market sentiment shifts and specific geopolitical...
Currently, the AUD/USD currency pair is experiencing a consolidation phase within a broader downtrend. This stage typically occurs when the market moves sideways within a specific range, lacking clear upward or downward momentum. Despite the...
As the price had previously closed below the middle Bollingerbands, there is typically a rising retracement towards the MA5/MA10 Significant D1 supply line to prolong the downward trend even further, which is why the upward movement over the last...
In the USDCAD currency pair, the dynamics of commodity currencies and rate differentials are clearly visible. When the U.S. Federal Reserve maintains a hawkish stance, emphasizing rate hikes and tightening monetary policy, the U.S. dollar tends to...
