The analysis of the EUR/ USD currency pair's price behavior is currently under discussion. The EUR/USD pair tested the lower boundary of the hourly descending channel and the local minimum at 1.0719 before starting a correction. Today, it is...
A Deep Dive into USD/ JPY Price Action I was focused on evaluating the current price action dynamics of the USD/ JPY currency pair. I'm analyzing the dollar-yen pair on the 15-minute chart. Despite an initial decline, the resistance at 157.688 was...
GOLD H-4 Timeframe Analysis: GOLD is still under the resistance of 2340, and, as I understand it, there are attempts to break through, but whether they will be able to break through - the question remains open. Here on the chart I drew a diagram...
USD/JPY H-1 We stayed in place all day today, trading at the 157.03 level. Meanwhile, the support level is suppressing the price and is already at 157.82, and then either the bulls will go on the offensive and we will still see progress towards...
### Current State of EUR/USD As of now, the EUR/USD currency pair is trading around 1.0747 and has been in a bearish trend. This indicates that the euro is weakening relative to the US dollar. The market movement has been slow, suggesting a period...