Yesterday, the EUR/JPY currency pair demonstrated a significant movement following its interaction with a key support level. According to my technical analysis, this support level is precisely situated at 171.588. Initially, the price action saw the...
GBP/ USD /D1 We will discuss the current behavior analysis of the GBP/ USD currency pair's price. Growth is likely if the pair can break through the D1 resistance at 1.2681. A successful breakout increases the probability to nearly 90%, though 10%...
Essential EUR/USD Market Forecast Insights The euro-dollar pair (EUR/USD) has been stuck in neutral territory for the past week, offering little chance for long-term bears like myself. This stagnation comes despite some positive economic news from...
USD/CAD: This week, the USD/CAD currency pair mostly moved sideways, with little significant movement. However, on Wednesday, important news about the US dollar caused the pair to drop to a support level of 1.36950. After hitting this level, the...
Greetings. The possibility of the EUR/JPY reaching the 270 mark exists, but it appears unlikely under current market conditions. Therefore, it maekes sense to look at reference points that are somewhat closer to the current price levels. One...