The euro experienced a significant decline against the dollar on Wednesday, shedding roughly a tenth of its value. This sharp depreciation occurred amidst a period of relative market inactivity, characterized by a lull between key data releases. The...
The USD/JPY H1 chart shows key price action and trends, with the market currently hovering around a significant support level at 155.32. Historically, this level has served as a strong support, as evident from multiple reversals at this price zone....
EUR/USD Technical Analysis: Currently, EUR/USD is trading at 1.0457, showing a slight decline from the previous close of 1.0575. Resistance Levels: 1.0500, 1.0574, 1.0629 Support Levels: 1.0411, 1.0330, 1.0176 RSI: Around 45, suggesting a neutral...
General Points about CHFJPY: Currently, the CHFJPY market is trading at the 172.73 level, which is a significant resistance level. Resistance levels act as barriers that the market struggles to break through, and this could lead to price...
Crude oil extended as dealers dominated and tested a key support level On Thursday, oil extended its recent downward correction and tested a key support level after resuming previous progress. As of this writing, the low is $75.31, with bearish...