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...
Crude Oil Analysis: Today, the Crude Oil price successfully declined to the support level of 80.50-81.36 during the start of the trading session. Despite this decline, it failed to break through the support range, indicating strong buying interest...
Formal Approach to USD/ CAD We are examining the dynamic pricing behaviour of the USD/ CAD currency pair in real time. We should focus on the current dynamics of the USD/CAD chart to understand potential movements. Recently, despite an upward trend,...
GBP/USD Analysis The GBP/USD exchange rate was trading around 1.2730, having dropped sharply during Asian trading on Tuesday. Market participants are eagerly awaiting the release of UK labor market data later in the day. Investors seem to be...
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...