The EUR/JPY currency pair continued its downward trajectory on Wednesday, trading near the 159.60 level. This bearish trend is evident in the pair's movement within a descending channel on the daily chart. Technical indicators further support this...
Last Tuesday, the British pound to US dollar exchange rate experienced fluctuations, forming a doji candle similar to a spinning bar. The price is still facing rejection above the nearest support at 1.24861, creating a lower line. Meanwhile, the...
USD / CAD: Today's Recommendation The price of USDCAD hit the support area of 1.3936 yesterday, marking a significant point in the market. Today, my recommendation is that the bulls can take action and push the price toward the 1.4078 level. This...
•••USD/JPY: Key Technical Levels and Market Outlook November 27,2024••• The USD/JPY pair is experiencing tight price action today, with the current buy price at 151.77 and sell price at 151.74. The narrow spread highlights ongoing consolidation,...
PAIR REVIEW NZDUSD Hello! Buyers’ activity prevails and after analyzing the four-hour chart for the NZDUSD pair, I identified a three-wave pattern from the support level of 0.5792 and expect it to be worked out within the framework of the bullish...