The USD/JPY currency pair has been closely watched by traders and investors, particularly in recent sessions. At present, I am not considering entering the market due to current price levels. My strategy involves awaiting a clear signal,...
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...
The USD/CHF currency pair recently exceeded the critical resistance level of 0.89834 that market analysts had been closely monitoring. This level, long anticipated as a pivotal point in the pair's movement, was breached amidst heightened market...
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...
The EUR/JPY currency pair remains stuck around the 168.00 level, trading sideways with a slight downward drift. Any potential bounce appears to hinge on the 20-day simple moving average (SMA) acting as support. Adding to the cautious market...