The chart you provided is for the Euro/Japanese Yen (EUR/JPY) currency pair on a daily timeframe, sourced from OANDA. This chart depicts a potential bullish setup with specific areas highlighted for entry, stop loss, and target. ### Analysis ####...
The EUR/JPY currency pair has been under significant selling pressure, with bearish sentiment dominating the market. This trend has persisted despite the European Parliament election, an event that many hoped would bring a shift in market dynamics...
The rally in US West Texas Intermediate (WTI) crude oil faltered as investors awaited the Federal Reserve's interest rate decision and economic forecasts. Despite positive data showing a larger-than-expected decline in US crude oil inventories, a...
USD/JPY Rises for the Fourth Day in a Row: As of Wednesday, the USD/JPY pair has been on a continuous upward trend for four days straight. This consistent rise has attracted significant attention from market analysts and traders, who are vigilantly...
The value of the Canadian dollar relative to the US dollar is the focus of our analysis. Examining the USD/CAD currency pair's movements over a daily time frame period, we notice a likely bearish correction after the pair nearly reached the...