The technical landscape for USD/JPY continues to favor bullish tendencies as the pair maintains its position above the pivotal level of 155.54. This key support point, if held, opens the door for potential advances to resistance levels such as...
EUR/USD My analysis also suggests that EUR/USD will fall deeper. So far only by a few dozen points, but in case of a certain action the distance will increase. The price entered a downward correction this week, found itself at the support level of...
The EUR/USD currency pair experienced a setback on Friday, closing 0.20% lower at approximately 1.0285. This decline reflects the pair's ongoing struggle to break above the 20-day Simple Moving Average (SMA), indicating a persistent resistance to...
EUR/USD If the price value of EURUSD had consolidated above the level of 1.0300, then we could have gone higher. But alas, during the American trading session, the EURUSD quotes began to decline. And so, in small steps we reach the level of 1.0260....
The USD/JPY's upward trajectory is underscored by a combination of technical indicators and market sentiment, pointing towards an expected rise of 88 to 132 pips. A key driver of this movement is the pivot point at 155.54, which acts as a...