The USD/JPY H1 chart displays a strong bearish trend, marked by a consistent decline from highs around 159.30 to the current price level of 153.61. The red moving average (possibly a 50-period MA) acts as a dynamic resistance, confirming the...
Market analysis Wednesday, February 5, 2025 USDJPY Good morning, The USDJPY pair trend journey has made the price bearish to the 154.00 area where the area is a strong support for the 4-hour time frame chart. And technically the seller has lowered...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Hello members, I want to thank you all for your time today. The main topic of discussion today will be the technical analysis of the USD/CAD pair. The price of USD/CAD is running in the 1.4325 area....
Gold prices experienced a volatile start to the week, exhibiting sharp fluctuations on Monday due to concerns surrounding US tariffs. However, the precious metal quickly stabilized on Tuesday, consistently holding above the $2,800 mark. The initial...
GBPUSD GBPUSD outlook: The GBP/USD pair is facing a tug-of-war between the relative strength of the U.S. Dollar and the potential support the British Pound could receive from the Bank of England's cautious stance. The U.S. Dollar continues to hold...