EUR/USD Technical Analysis: EUR/USD is currently trading around 1.1030, showing a slight bullish bias as it continues to hold above key support levels. From what I’m seeing, 1.1000 and 1.0975 are acting as strong supports, while resistance is...
USD/JPY Technical Analysis: Today, USD/JPY is hovering around 142.80 after testing key support near 142.50. From what I’m seeing, the pair is still in a downtrend, with the 50-day moving average at 143.20 acting as the immediate resistance level....
Technical analysis of EURUSD Today I choose EUR/USD for technical analysis. The market price has risen steadily, and a closed channel has been formed. The market price is currently fluctuating wildly between 1.0446 resistance and 1.0351 support. If...
EUR/USD trades in a narrow range around 1.0400 in Friday's European session amid sparse trading as market participants remain on the sidelines due to the Christmas holiday. The pair struggles for direction while the US Dollar (USD) moves higher on...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. AUD/USD market price has faced resistance at 0.6312 for several days and found support at 0.6208, which has not been broken in any way so far. Technically, if we look at the...
